spencerian
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Reged: 12/24/08
Posts: 1
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Mechanic tools and debt?
12/29/08 10:23 PM
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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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