spencerian
(recently joined)
12/29/08 10:23 PM
Mechanic tools and debt?

Ok, so divorce is inevitable.
I am a professional mechanic and got served the "asset" papers.
In it she has listed $5K in mechanic tools.

Can I really lose my tools that I work with?
If I have to lose them (half anyway) can I just give her the tools, and not the cash equivalent?

Can I deny the tools are valued at that amount? (I really only have about $2500 in tools)
Also what about debt? She forgot about tax debt from a business, and student loans.

Any input would be great.



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