Hi! Does anyone have any advice about divorcing and money? I got wind of a situation where the family is living paycheck to paycheck and the wife wants to get out of an abusive situation. All I could recommend was that she open a separate account and start squirreling away some money into it and then use it to find her own apartment.

I also recommended that she put a credit freeze on so her husband couldn’t ruin her credit by open card solicitations that came to their house after she leaves it. Was that the right thing? I know that after a divorce sometimes people end up in bankruptcy, so it’s worth it to protect her credit now, right?

Not sure what the best strategies are here. I’ve only had one close family member go through a divorce, which was pretty smooth all things considered, and fortunately, all my college friends are still happily with their spouses. The people I do know who are divorced aren’t close enough to me to ask these kinds of questions or else it’s ancient history to them.

Anyone?