Financial Impact of Divorce on Women| Atlanta Divorce Attorneys
As Atlanta divorce attorneys, we get to assist many women in their divorce cases. They come from a variety of backgrounds and have many different types of living and working arrangements. We work to help them come up with fair and equitable settlements so that they can move forward in a positive direction at the end of it all. But sometimes, especially in the area of finances, divorce can have a significant negative impact on the lives of women.
According to a recent NBC News Feature, women can be at a severe financial disadvantage after divorce for a variety of reasons. Among them are lack of education, childcare expenses, relying on an unreliable ex-spouse to meet child support and debt servicing obligations, and stay at home moms spending too much time outside the workforce when they need to return after a divorce. In addition to these problems, divorce sometimes impacts a person’s credit rating.
How can women prevent such negative consequences? First, check out 5 Things to Consider Before Filing for a Divorce. Then, try to get as much education as you can before you file. Update your resume and find employment before you are in a crisis mode. If you can’t work, try to work as a volunteer so that you will have some recent work experience to put on your resume. Pay any outstanding bills to clean up your credit and start to build your support network with friends and family. Then, call us and set up an appointment for a consultation so we can make a plan to minimize risk and maximize your life, post-divorce.