My Ex is ruining my credit and more in Arkansas

I perceived final divorce papers in February 2008.  The direct settled which you were any responsible for a credit cards you had in a possession during a time of divorce.  This was because, during a time of separation-a year previously, you had no credit label debt.  Any debt accummulated was finished so during as well as after seperation.  If a alternative person's name could not be private from a card, it had to be paid off or transferred to a little alternative type of credit.  I have not long ago detected which not usually has my ex been living upon a credit label for a final dual years, she is now no longer creation any payments.  It is transparent which she is setting herself up to record for failure in a near future.  She has deeded over our thirty acres to her father, a house was since to a daughter, a family business, which you gave her my shares of, has been run in to a ground as well as has been evicted from their place of business, leaving a superfluous 80,000.00 lease.  They have over 100,000.00 in sell yet they have been selling it quietly as well as not paying a lease.  The bank would not concede me to be private from this lease, (my attorney attempted before to a divorce) so you have been wakeful this is going to become an emanate in a future.  She is additionally not operative as well as has not picked up a compensate check for a final 3-4 months.

In further to all of a above. she received updated credit cards of mine, which she was not an authorized user on, which she used, yet permission, and is not paying. (I have insincere this check out of necessity) I had excellent credit yet now, since of a single 17,000.00 credit label she has defaulted on, my credit has depressed to fair, limits have been decreased as well as a new car loan price me 12% interest.  Because my ex has zero as well as it is obvious she will be filing failure soon, a judgement for her to compensate a balance does not appear to be realistic.

My attorney wants to proceed, with a credit label company, creation them prove you am a first comment hilt as well as can be held responsible, instead of receiving her behind to justice for contempt.  Is which a current angle?

What does holding her in contempt do for my situation?  If you get a judgement from a justice as well as she cant pay, she will record for failure as well as you am behind to presumption a check to keep my credit protected.  In addition, a bank will come after me, personally, for a 80,000.00 franchise even yet you have not been a commercial operation owners for a final 3-4 years, as soon as she files for bankruptcy.  At which point, you will have no alternative option yet record for failure myself.