What is Financial Abuse of a Spouse?
Spousal abuse can come in many forms, including physical, emotional, and financial. Financial abuse in particular can be difficult to spot, and it is unfortunately more pervasive than most people think. Sometimes the victims themselves don’t recognize the financial abuse that they are enduring, at least not initially.
For this post, we want to talk about common forms of spousal abuse. As always, if you have any additional questions about this or any other family law related matter, remember that the skilled and compassionate attorneys Rubin & Levavi, P. C. are just a phone call away
Financial Abuse Manifests in Many Forms
At its essence, this type of abuse is about control. Limiting a spouse’s ability to earn or save is one way in which abusers can maintain control of a relationship. This goes past the desire to save and stick to a budget. Perpetrators of financial abuse do things such as:
- Limit or fully control access to your funds or all family funds
- Use your personal information to apply for and open credit card accounts without your consent
- Keep you from getting a job or criticize your career choices
- Ruin your credit as a way to further limit your options and security
- Keep all major purchases and assets under his/her name, even if you contributed to the purchases
As you can see, this is more than just careful management. The key difference is that financial abuse limits your sense of freedom and financial security.
Our Qualified Divorce Attorneys Have Your Back
If you or someone you know is being victimized by a perpetrator of financial advice, know that a divorce attorney can help you explore your options and fight on your behalf to ensure that your rights are protected. To learn more about what we do at Rubin & Levavi, P. C., be sure to call us directly at (415) 564-2776, where you can schedule a free initial consultation. We’re equipped to handle any and all matters relating to divorce, child custody, and family law in CA.