Filing a petition for a divorce in Minnesota doesn’t protect you from the unexpected. In fact, divorces often lead to retaliation. The most common forms of retaliation are financially based. If you have fallen victim to financial retaliation in a divorce, you should take action against your spouse through a Divorce Lawyer in Rochester MN immediately.
Protecting Your Credit
With several options for monitoring your credit available, you should take advantage of these resources to protect yourself in a divorce. While you are still married, your spouse can acquire credit cards in your name without your knowing. By acquiring these cards, they can destroy your credit and create a significant financial burden for you. If you discover that your spouse has obtained credit cards in your name after you filed for divorce, you should contact a Divorce Lawyer in Rochester MN promptly.
Your Bank Account
As long as both names remain on your checking account, you cannot stop your spouse from acquiring any value they choose. The only option you have in terms of the bank account is to remove your spouse’s name from the account. For you to have the legal right to do this, your account must list you as the primary owner. Unfortunately, if you cut your spouse off from a joint or shared resource, this could work against you in your case. You should consult a Divorce Lawyer in Rochester MN in regard to protecting your finances.
Additional Lines of Credit
Loans are another way in which your spouse could retaliate against you. While it is unlikely that they can acquire a traditional loan in your name, they can obtain money through other lenders. For example, payday loan providers will conduct a loan transaction completely online. In most cases, all they need to prove your identity is a copy of your driver’s licenses and social security card. If at any time that your spouse made copies of these items and stored them in files for tax purposes, etc, they can use them to acquire these loans.
In some cases, a spouse who wishes to contest the divorce for no other reason than they refuse to let go may retaliate against you. Financial hardships are often caused under these circumstances as the spouse maintains certain rights. If you have discovered financial retaliation, you should contact a Divorce Lawyer in Rochester MN at Anderson Law Firm today.
