NEVER PAY OFF THE DEBT BEFORE THE DIVORCE!!!
When it comes to strategy most men are really good at figuring out when to hold a poker hand, or call a Hail Mary in football. We spend hours talking about what works, what doesn’t and why. Men can spend all afternoon on a boat, with a six pack, talking about how to beat the casinos in Vegas, but when it comes to planning a divorce they clam up and what little instincts we have are usually wrong. A man will tend to do what he thinks is the “right thing” to do, and frequently it is the wrong thing to do, when you are going through a divorce.
A common occurrence among the men who come to our office is that, they have just recently paid off all the debt. Sometimes they have refinanced their home and used an equity line on their home to get a lower interest rate on their credit card debt, and paid off their soon to be ex-wife’s credit cards.
These are good things to do, if you are planning on staying married, but they are huge mistakes when it comes to the strategy of planning for a divorce. [click to continue...]

Simple Divorces
