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View Full Version : Divorce: how do I not get hosed?


omniglh
04-13-2009, 02:52 PM
So I'm preparing for the worst. The big D. I need to know how to cover myself from getting completely hosed in the deal. Anybody got any tips?

A brief rundown of my scenario:

1) We bought a house in January. My family (my dad and my grandmother) gave us $30k for a downpayment. The house and mortgage is in my name because her credit is so bad.

2) We have 2 cars. One I own outright - I paid cash for it a few years ago, before we met. The other car I'm leasing. I leased it because she needed a car, loved mine, and suggested that I just let her drive my old car and I get a new one. (Being a car nut myself, and very protective of my old car, I thought it was a "win-win" for me. How little did I know...)

3) When we met, I had 0 debt. I now have over $30k not including the mortgage. Some of it was her ring and my proposal (it was elaborate.) The rest has been covering the bills while she was out of work (she quit without having anything lined up once, then got fired once, and then for a few months was making less than her childcare bills were so I was covering all her bills, + childcare.) Oh and the child isn't mine, he is from her previous marriage (see next bullet.)

4) Some of the debt has been covering her legal bills. She was in an abusive marriage prior to me (lets not hash over details, and just know that it truly was abusive) and we've been fighting a legal battle to get permanent full custody of her 5 year old from her ex. We've "won" so far, but everything is temporary, pending trial in July (which will require another LARGE retainer that we will have to dig deep for. Most likely, my parents will have to help out.)

5) She came into the relationship with nothing but her clothes, her son, and 2-3 small pieces of furniture (an end table, a dresser, and some home decorative accent pieces.) Aside from a TV stand and a new couch, all of the furniture we live on was mine from before we met.

Basically, everything in the relationship is mine. I know the courts will see it differently, and my consultation with an attorney told me as much. Ultimately, he said that I should really only wind up having to hand her a check for a few thousand bucks and that'd be the end of it. If I talk to him again, I'll have to pay him, so before I do, I'm hoping some of you here can give me some advice.

The one thing that came to mind was trying to get her to sign a post-nuptual agreement. I figure, if she's as committed to this marriage as she claims to be, she'll sign it. I can put an expiration date on it (if we don't split in the next 10 years, then it's null and void), the thought being, if we make it that far, I really can no longer blame her infidelity.

What else can I do or try? What did some of you do, or wish you had done, to keep from losing your ass? In my opinion, I should get to keep everything, but I doubt that'll really happen. I want the house (she doesn't have the credit or the income to afford the mortgage anyways) and while I'd love to keep both my cars, I'm sure I'll have to give one of them up.

(here is the thread of my story: http://chatcheaters.com/forums/showthread.php?t=12536 :( )

Please, just asking for honest advice... no negativity please. As I explain in my original post, I need to give it one last shot before I bail on this, as stupid as I know it may sound. I need to do it for me, so if/when it's over, I'll know I did all I could and I won't find myself lying awake at night wondering, "What if?" Right now I'm just trying to cover all my bases. I don't want to find myself hanging on simply because I'm afraid of the future unknown - I want to have all my cards in front of me.

Skirtchaser
04-13-2009, 07:23 PM
The car was owned before the marriage, the 30 k was a gift to you from your family. You will most likely keep these. The bills can be half hers in the divorce. I'd not shell out any more retainers for her daughter which will go with her.

Make sure your attorney is good in divorce cases, check with others who have used him in a divorce. Pays to choose wisely.

MuffinMan
04-14-2009, 07:42 AM
Worst case scenario, she is only entitled to half the marital assets accumulated WHILE you were married.

Anything she came to the marriage with is hers, and anything you came into it with is yours.

Even though the house is in your name only, she still may be entitled to half the equity in it. But since it IS in your name, you have some leverage for negotiation.

Just find the most ruthless bulldog of an attorney you can find and give him/her EVERYTHING you know. Don't try to hide anything. The more your attorney knows the better they can represent you.

But again, worst case scenario...she is only entitled to half of that accumulated during marriage.

However, she also is in for 1/2 the DEBT accumulated during marriage. So she is in for half the $30K you mentioned.

now what would more than likely happen is you could be deemed liable for all the debt, in return for her not claiming anything on the house or any retirement. Its a trade off, but your attorney should make sure it is still 1/2.

Lets say her half of all debt is $15K and you have a retirement plan that has $100,000 in it. Her half wouldn't necessarily be $50K since you more than likely had some in it before you married her. So lets say she is entitled to $35K. Even though she has $15K of debt, you could negotiate that she gets NOTHING out of the retirement even though what she would be entitled to is more than the debt. Or they just may negotiate a much lesser amount out of retirement.

also, do NOT agree to pay her legal fees in the divorce. That is HER debt, not yours.

And if you think you want to give away the farm just to get it over with...DON'T!!! You don't agree to anything that gives her more than she is entitled to. You can drag it out by leaning on her. have your attorney stall and it will get to her. And do NOT call your attorney when you haven't heard from him/her. that only costs you more money. Let the attorney work for you and let your attorney contact YOU unless it is a dire emergency. Time is on your side, let it work for you along with your attorney.

I've been through this with the best lawyer around my parts. If you have any more questions, don't hesitate to ask.

doesmybuttlookfatinthis
04-14-2009, 08:16 AM
You want it to stop? You really want it to stop? Out her at work and the guy to the police force. That's if you're serious about giving it another try. You either let her stay independent and able to carry on the affair. Or you out her and stop it. Make sure your accounts are separate. This is a risk, because you make her dependent again. But the question remains. Do you want to stop it? Its like the untouchables when sean connery asks costner. "What are you willing to do?"..."Anything"..."And then what are you willing to do?"

SocalSadness
04-16-2009, 03:34 PM
Question for the idea men. What if you sell everything in your name to your best friend for a a hundred bucks? Does that mean your X can only rape you for $50?

I'm not kidding.

I live in CA, where Common Law marriage was abolished over a hundred years ago, wasn't married to my cheater but am still prepearing for WORT CASE SCENARIO # 1: PALIMONY. This may never happen but better safe than sorry.

I've not decided yet but I'm almost willing to have her come after me and have the lawyers eat up all the money just so she doesn't get any. Considering her sex playmate is some sort of rich yacht captain banker I don't see why he shouldn't take this albatross at full cost himself. Let him deal with the bipolar & chainsmoking etc. Oops started too ramble.

I was advised to find a good lawyer well versed in Family Law,
DO NOT USE THE YELLOW PAGES.

Find a good lawyer by asking friends, relatives and business associates for a referal. It doesn't matter if they are Family Law specialists themselves but they all hang together and probablty know somebody good. ALSO call your local Barr for a recomendation. If when you talk to them they sound rushed or like a TV cartoon lawyer say goodbye and call the Barr back and get another #.

omniglh
04-16-2009, 03:53 PM
Question for the idea men. What if you sell everything in your name to your best friend for a a hundred bucks? Does that mean your X can only rape you for $50?

I'm not kidding.



It probably depends on the ability of your ex's attorney.

When my wife got divorced from her previous husband, they didn't have many assets - but one of them was a new Range Rover. They didn't owe anything on it - her ex-in-laws bought it for them (they were LOADED.) They fought over who got to keep it, and ultimately it was decided to sell it off and split the proceeds.

So the ex sold it to his dad's friend for a dollar. The courts let it go. (Wife was out of money, couldn't afford to keep paying her attorney, otherwise I'd bet they could have proven in court that he sold it for a dollar on purpose when it was a $60k+ vehicle.)

Hmmm... wife's ex was VERY well off (his family was, anyways)... I'm not "well off" but was financially stable before meeting my wife.... starting to smell a pattern here...

bchgrl2008
04-17-2009, 09:13 AM
Hey Socal-
I have a name for you. She specializes in infidelity cases. She was recommended to me. I know you weren't married, but she HATES cheaters and she's a shark. I will private message her to you.

demoralized
04-17-2009, 09:22 AM
There's no shame in sticking it out for yourself, as long as that is really the case. I am in the same boat my friend, staying to exhaust the possibility of recovery. Post Nupt? sounds interesting, I wonder if I could have my Atty draw something like that up?

Good luck, sounds like you will fair better than most men in the D if it comes to that.

circuscat
04-17-2009, 12:56 PM
This might be a sensitive subject but no has mentioned anything about alimony. Is anyone paying alimony to their ex's?

SocalSadness
04-20-2009, 09:02 AM
This might be a sensitive subject but no has mentioned anything about alimony. Is anyone paying alimony to their ex's?

Sorry I can't help w/that. I'm gearing up for palimony defense here in SoCal. I openned my file cabinet and noticed my Articles Of Incorporation were missing. Think my XSO swiped them hoping to see that I wasn't 100% shareholder in my own company. I just gotta go w/ my gut instead of her reassurances she's not going to try and fleece me. Actions speak louder that words. Have several lawyer references in SoCal I'd love a FREE consultation butthink I'm probably gonna spend $400 just to introduce myself. I'va also gotta set up a secret bank acount that my XSO/bookeeper knows nothing about while i get my ducks in order. Don't want to show my cards just yet.

Adam Bomb 1701
04-20-2009, 11:54 AM
This might be a sensitive subject but no has mentioned anything about alimony. Is anyone paying alimony to their ex's?
I am. After some resistance, I accepted the deal hammered out by the attorneys at our "Early Settlement Conference." Since our marriage was long term (>10 years) she was entitled to it under New Jersey law. The amount I pay was based on our 2001 tax returns. I don't know if she'll take me to court again to get more, once the child support stops when our son finishes with school. The distaste of the divorce may prevent her from doing that. Where I didn't get hosed, and could have, was in providing my ex with a health plan. She doesn't work, and it looks like she'll have no job for the foreseeable future. I could have been forced by the court to cover her, which would have financially ruined me, and would have forced me to move back in with my parents at the age of 48. Instead, she's on her own in that matter, which benefits me greatly. Too bad for her, because I have a very good plan. We did have to sell the house we lived in for 10 years. Maybe it was better we did, as the house repairs (i.e. the roof needed to be replaced) would have cost a bundle.
I paid off all the credit card debt accumulated during our marriage - it was maybe $2500-$3000. She has accumulated more debt since the divorce, but that's not my problem.