Dealing with a Financially Abusive Spouse? Here’s What You Can Do

Woman looking down at engagement ring, dealing with financial abuse.

The concept of abuse between two people usually conjures up physical or emotional turmoil. However, there is another common type of abuse that can also wreak much harm on its victim: financial abuse. 

It’s often tough to consider yourself as being in a financially abusive marriage – especially when your needs are taken care of. But if you find that you need permission to make every single purchase, no matter how small, you may just be. 

What Exactly Does Financial Abuse Look Like?

Financial abuse within a marriage doesn’t mean that you are left without necessities. Rather, it means that one spouse uses money as a means of controlling the other. 

Those who are financially abused by their spouse may also sometimes be told whether or not they may work and earn money. However, even the main breadwinner in a family can be the victim of financial abuse. Yet you may lack control of what happens with the account in which your paychecks are deposited.

It’s normal for couples to check in with one another when it comes to managing their money. However, when you are the victim of financial abuse, you do not have a say in your finances at all. 

Indications of Financial Abuse

Are you still unsure as to whether you are involved in a financially abusive marriage? If any of the following statements are true you certainly may be:

  • Your spouse uses your personal information without your permission or knowledge in order to open credit cards and accounts
  • Your spouse has ruined your credit
  • Your spouse punishes or demeans you for spending even the smallest amount of money
  • Your spouse is always keeping an eye on your bank accounts
  • All major purchases are only in the name of your spouse (e.g. your house or cars)

When you are involved in a financially abuse marriage, you may feel as though you have no choice but to stay since you lack the financial resources to start a life of your own. You may believe that leaving seems difficult, if not impossible. However, Virginia laws provide for equitable distribution within divorce. This means that with the help of a qualified family law attorney you would likely get your fair share of assets. 

Surovell Isaacs & Levy PLC Help Those in VA Who Are in Need of a Divorce

Deciding to divorce your spouse can be an emotionally devastating decision, especially if there are children involved. While you may be extremely emotional, it’s important to keep in mind that you are entitled to certain rights. That’s why consulting with a knowledgeable and experienced Family Law attorney can make all the difference. 

At Surovell Isaacs & Levy PLC, we understand and have empathy for those dealing with divorce. We work with our clients to ensure that they get what they deserve. To learn more or to schedule a consultation, contact us today!

Posted in: Divorce