Divorce often feels like a huge battle, with two spouses going toe-to-toe on matters such as how to divide their assets and who will end up with the family home. It's important that a divorcing individual in New York understand how to protect his or her own financial interests. A few tips can help people going through a divorce to fight for what is best for themselves long-term.
First, it's wise to cancel all joint expenses. For instance, people can remove their names from all joint utilities and credit cards. This prevents an ex from running up bills for which the other has to end up paying. It's worth noting that some creditors will allow people to do this, while others might not.