No. According to Experian, Divorce, itself, will not affect your credit score. However the process of splitting up joint accounts, and vindictive exes racking up credit on cards in your name could lower your credit.
The best ways to protect your credit are to try and pay off as many debts as possible, and maintain a civil relationship with your ex. Close existing joint accounts and remove the ex as an authorized user where possible.
Before you consider trying to be the spouse that ruins your ex's credit, keep in mind that the Courts don't take too kindly to vindictive spouses that come before them, and may award your ex a more favorable offset of the marital assets to punish you for maliciously increasing debts or refusing to pay bills. Courts in Colorado are not required to divide marital property 50/50, and have broad discretion to punish a spouse for what they deem "economic fault."
For tips on how anticipate how the Court will divide assets and debts, and for advice on allocating debt payments during the pendency of the divorce, order your copy of Family Law Boot Camp today.
