Divorce Finances: Fresh Starts Post-Divorce Spark Home Purchases

07/20/2011 05:50pm ET | Updated September 19, 2011

Heather Hendrickson, an attractive 41-year-old mother of two, got divorced, declared bankruptcy and saw the foreclosure process start on her home -- all within the last year.

Back in the '80s when we were in high school together, she was the "it" girl. By 2006, her smile graced real estate ads all over Westport, Conn. Hendrickson had opened her own firm that grew to more than 20 employees. Her handsome husband and the father of her two children was a builder. They were in the zone. Then things startled to unravel fast.