Stressed out woman with a lot of bills

Going through a divorce can be one of the most challenging times of your life, both personally and financially.

In addition to property division, you’ll also need to turn your attention to any joint debt you have accumulated over the years. For many couples, credit card debt is something that needs worked out as the divorce process pushes forward.

Fortunately, there are several ways of dealing with.

Ideally, you and your soon to be ex-spouse could take cash from your savings to eliminate your credit card debt. This allows you to move forward with your divorce without this form of debt weighing you down.

If that strategy doesn’t work, it’s time to consider a balance transfer. Here are the steps you may need to take:

  • Make note of exactly how much joint credit card debt you have
  • Decide how it will be divided, such as 50/50
  • Transfer the appropriate amount of debt to a credit card in your name (and your name only)

At that point, you no longer have joint debt. Instead, all of the credit card debt you are responsible for is on one card.

Choosing a Balance Transfer Credit Card

You’ll have a lot going on during this time, so it’s natural to overlook some of the finer details of property and debt division. However, you don’t want to make this mistake when choosing a balance transfer credit card.

There are many things to consider when making this decision, including but not limited to:

  • The length of the zero percent introductory period
  • The balance transfer fee
  • The interest rate after your introductory period expires

It can take some time, but comparing the many available balance transfer offers will go a long way in helping you make a confident decision (and that’s exactly what you need at this time of your life).

Divorce and credit card debt are two things you never want to deal with, but you could find both of them bogging you down at the same time. In this case, a balance transfer could be the answer to your problems.


Having trouble finding a balance transfer card? We would love to show you more balance transfers, however banks control which cards are allowed on certain pages. We recommend that you view balance transfer credit cards at CreditWeb for more options.

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