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Author Topic: finacial suicide  (Read 1221 times)
likeswindinhair
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« on: January 14, 2009, 05:35:24 PM »

ok its me heart sick with adultry. for what ever reasons my ex in motion moved in with another man imeadiatly and has nuertured hate discontent beyound believe. although there was no argument or any serious wrongs on my part to fuel this mind set. so she is not going to stop until all assetts are liquidated and theres nothing but debt. she has already mentioned that she just plANS TO FILE BANKRUPTSY  after she gets done. my first question we have a loan at the credit union i have 2 vehicles tied up that are personal property she has one that is. she has never made a payment on this loan the car that is tied up is her only. will a judge give her half of this debt and will the credit unioun be able to hold on to title even tho this is her only vehicle. also the home is or will be behind on payments whould be lucky to sell for loans worth. whould a judge order me out of the house and then put on market even tho her intentions are to just make sure i lose it for as i said she filling bankruptcy so whats there to lose .  credit card debt around 2000  and home dopot 1000 and best buy a 1000 a new harly 10000 and so on. what do u think will thje judge go along with this plan? what usually happens? also i posted my heart sickness on this the persacution just kills me but its been decided u can sell comunity property to give to lawyer so i want to go ahead the cost is 500 to stick her with adultry on the reason for divorce. Im tired of mis labled reasons and its costing me every thing here and want that on record. thats my feelings on it. its the 500 cost that allows me to post it here
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TC
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« Reply #1 on: January 14, 2009, 06:30:36 PM »

Most courts will split assets roughly 50 50 if they are material items or cash in a divorce unless you can demonstrate that you brought significantly more into the marriage than she did I believe.  As for the debt....no matter what the court orders, if you are both listed on the note, the note holder can still come after you if she defaults.  The only way to prevent this is if the court orders her to take the asset and refinance the note in her name only within x amount of time.  I'm not an attorney, so take this for what it is worth, but I think I'm pretty close.  Others on here will probably have more specific information for you.

Bottom line, you really do need to talk to an attorney in your state who handles divorce and civil matters in your local court.

I hope this helps a bit though.

TC
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Don't ask unless you want my honest opinion.  I'm not here to hold hands and I don't pull punches.
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