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Divorce Source Community Forums >> Financial Issues

legalidiot
enthusiast

Reged: 05/06/05
Posts: 250

What will I have to pay ?

11/20/05 07:28 PM

I'm trying to get an idea of what will work here. We are about to embark on the wonderful division of Assets/Debts. I'm in PA, and she left the house. We owe about 130K, and it's worth about 160K. That is about 30K in equity. I also have a 401k with about 23k, but 8k was in there when I got married. (actually 16, but I took a loan for half a month before we got married to get the apartment, etc.)
So the way I see it... Our assets are 45k.
Debt is all in my name, and there's plenty of it.
Loan for boob job 2 months before she left - 5k
Credit card debt - 6k
401k loan - 5k
That puts debt at 16k, leaving 29k to split. $14,500/ea.

Now the problem I have with this method is...
1. When she left 10 months ago, she didn't take any of the bills with her.
2. Then she attached my paycheck for $1600/month for child support.

So....I took the high road, kept my head down, and sucked it up. I paid 150 a month towards her boob job payment. I paid $300 a month towards the 401K loan, and I paid $200.00/month toward the credit cards. I paid another card off with a balance of $1k. Over the last 10 months, I've put out $7500 in payments to keep from getting bad credit. She just walked away with her $55K salary, and my $20K child support ($5200.00/month net). She's been traveling, tanning salon, hair and nail stylists, all new wardrobe, etc. All this, and I took my daughter 1/2 the time. (even though I travel 2-3 days a week for work). So every time I'm home...I have my little girl.

I'm wondering if I can recover any of that money.

--------------------
Keep the relationship problems away from the kids

Post Extras

Entire topic
Subject	Posted by	Posted on
What will I have to pay ?	legalidiot	11/20/05 07:28 PM
Re: What will I have to pay ?	Renee	11/20/05 11:21 PM
Re: What will I have to pay ?	getnadivorce	11/21/05 08:38 AM
Re: What will I have to pay ?	Sadie	11/21/05 09:07 AM
Re: What will I have to pay ?	getnadivorce	11/21/05 09:12 AM
Re: What will I have to pay ?	DanH	11/25/05 08:33 AM

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