How does Legal Separation vs. Divorce Affect Credit & Homeownership in California?
What is the difference between Legal Separation and Divorce when it comes to Credit Scores and Homeownership, where only one spouse is already on title? That is a critical question in for anyone in CA who is getting Legally Separated – but NOT Divorced – to understand how to protect their home, family and credit worthiness. For example, one spouse may end up as a single parent in their house, which is already in their name. So does anyone know if Legal Separation in CA has less of a negative impact on Credit Scores? Thank you for feedback and helpful ideas you may have on this subject.
