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Divorce Source Community Forums >> Financial Issues

Drew
old hand

Reged: 07/30/07
Posts: 1017
Loc: somewhere more familiar

Re: vehicles and debt

08/19/07 11:20 PM

I don't know about IL but here in good ole TN we are a 50/50 state. Assett and debt. don't "stop" or freezeframe at the time of seperation but are decided and settled at the final hearing. I foolishly thought otherwise and paid alot of stuff off in the two years we were in process (about 18,000.00) and just "lost" all of that money. Had I just allowed it to rack up, she would have been liable for half of it. The debt that she racked up during that two year period was still half mine. Go figure.

She spent over 7500.00 on a rental house that she renovated and about 13,000.00 on new furn. Guess what, yep, I got to pay half, and she was already moved out of the house she put all that money into!

Maybe you should go out and bury yourself in some new stuff? He just might have to cover half of it!

--------------------
"living, learning, from my creator. you gave me life now show me how to live" c. cornell

Post Extras

Entire topic
Subject	Posted by	Posted on
vehicles and debt	emilar	08/13/07 07:58 AM
Re: vehicles and debt	Relayer	08/15/07 07:37 AM
Re: vehicles and debt	emilar	08/15/07 10:39 AM
Re: vehicles and debt	Relayer	08/16/07 06:27 PM
Re: vehicles and debt	emilar	08/17/07 08:22 AM
Re: vehicles and debt	Drew	08/19/07 11:20 PM
Re: vehicles and debt	emilar	08/20/07 02:19 PM
Re: vehicles and debt	Goodmom	08/13/07 05:57 PM
Re: vehicles and debt	emilar	08/13/07 06:58 PM

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