A plaintiff’s loss of credit reputation is increasingly included in tort actions as an economic damage. As in any specialized field, it is important to select the professional with the appropriate skills and to consider the level of expertise, or lack of it, regarding credit damage for evaluation and valuation purposes. These skills may be equally useful to Plaintiff or Defense. Continue Reading
Credit damage inflicted by the spouse can occur due to breach of fiduciary, violation of the ATRO and violation of the settlement agreement. When couples undertake divorce proceedings, rarely are they on equal financial footing. Possible credit reputation damage caused by one spouse over the other can be brought to light early by using basic, effective questions at case intake. Continue Reading
Don’t Leave Money on The Table: Credit Damage, the Overlooked, Recoverable Injury
THE KEY TO A SUCCESSFUL ARGUMENT FOR CREDIT REPUTATION DAMAGE THAT WILL MAXIMIZE DAMAGE VALUE IS TO PRESENT A THOROUGH ANALYSIS OF THE “BEFORE AND AFTER” PICTURE OF THE INJURED PARTY’S CREDIT SITUATION.
There are three major points in a divorce in which the client may experience economic loss caused by the actions of their spouse: 1) breach of fiduciary, 2) violation of the Temporary Restraining Order and, 3) violation of the settlement agreement. These issues may apply to individual or joint financial accounts. Continue Reading