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State Specific Community Forums >> California Issues

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mybenje
recently joined

Reged: 09/19/08
Posts: 6

Almost there? Need help?
#566188 - 08/12/09 08:03 PM

Hi All,

I have been separated for about a year and a half. We have a house and a daughter. We went to mediation and now she has an attorney. Just want to clarify certain things:
The house is worth about $600 K, we owe about $200K. I am entitled to half of the equity about $200 K? Am i correct in that?
She agreed not to go after my 401K and my investments, and offer me about $130 K, is that a fair deal? My 401 and investments, plus some Misc stuff like cars and furniture all add up to about 60-70 K, if I take that out of the 200 K that leaves 130 K. No Alimony either just child support.

I just want to get your opinion if this is a fair settlement, because her attorney seems pushing for it.

Thank you for your help,

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googledad
Carpal \'Tunnel

Reged: 12/31/05
Posts: 4790

Re: Almost there? Need help? [Re: mybenje]
#566242 - 08/12/09 10:45 PM

Fair deal ? No . Why are you deducting the whole amount from the equity ? She'd only be entitled to half , meaning you'd get at least 165k .

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Adversus solem ne loquitor

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