We all know that the world economy is a mess, and if you are getting divorced, chances are your own personal "economy" is a mess as well.  Here are a couple of pointers to protect your credit  during your divorce:

1.  Make a list of all of your joint credit cards, and take the necessary steps to close joint credit cards.  If there is a balance, look into transferring the balance to a credit card with no interest rate on a balance transfer.  Keep your credit card statement as of the date of separation, and keep track of all payments made to the joint credit card.  If possible, have an agreement with your spouse as to how the payments will be made and how a credit will be given in equitable distribution.

2.  Establish your own credit by getting a credit card in your name alone.  If you maintain a low balance (or no balance) in comparision to your credit limit that will help re-establish your credit in the event it was damaged.

3.  Think about what is going to happen to the marital residence.  If both names are on the mortgage, the mortgage will have to be refinanced or the house sold.  It is unlikely if your name is on one mortgage that you will be likely to qualify for another mortgage, which could limit your ability to purchase a new home.

There are many things you can do to protect your credit during a divorce, you just have to know what to do.