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1. How To Avoid
Financial
Issues
After Divorce
BY: WWW.NEWHORIZON.ORG

2. Divorce can bring about lots
of anxiety and pain for both
parties involved.

3. Apart from the
psychological impact, each
one also has to take care of
serious financial issues.

4. In order to comprehend
and avoid financial issues
that can be brought about
by an impending divorce,

5. Let’s discuss the two
different kinds of accounts
involved.

6. 1)Individual Accounts

7. An individual account
means all your transactions
made in that account are
solely your responsibility.

8. 2) Joint Accounts

9. The couple can use the
account

10. and both of them accept to
take responsibility on the
debts that shall be made
using the joint account.

11. Thus, the other spouse will
be forced to pay for these
debts that are supposed to
be paid by both parties.

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