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seperation/divorce advice

almost-pro

New member
My wife and I are seperating. (loooong story) She is wanting to make this alot nastier then it needs to be. She wants my retirement funds (which she legally is entitled to) My question is concerning credit card debt. Once you marry someone does their debt become yours as well? Let's say if she has $14,000 in credit card debt that is in her name and she ran that up before we were married, am I responsible for have of her liabilities?
 
I was once in that same situation and me and my ex had a loan that was in both our names but when we split he wanted to keep the home entertainment system that was fiance and stated he would pay the bill.....well he didn't and the loan place kept calling me for the money and I told them to take him to court. They said they would but would have to take me also and knew my situation and didn't want to do that to me. So they offered me a settlement...I pay half and then it would be a settled account. Which of course I did...it sucked but I felt I had no choice.
 
sorry to hear about the breakup man, I hope that it is for the best.

Yes, i believe that debts are shared, depends on the state and how good of a lawyer you have.

If you got a top notch lawyer you could most likely stick her with any debt she came into the marriage with and you could leave with your retirement fund. You'd end up spending a lot of money on that tough.
 
It would end up shared unless you go ahead and pay for a high priced lawyer.
The out come will most likely be cut down the middle. Half retirement fund for her/half for you. Half debt her/ the other half you.
 
Debts are subject to split just like assets.

Just make sure the debt is cleanly transferred to whoever is to pay it or you'll risk having to get court orders to get it paid.
 
almost-pro said:

Live and learn I guess.......with my current boyfriend (almost feel to old to have a "boyfriend") but I won't marry him....staying shacked up. I put the house and all in my name before we even met and I refuse to marry. Way to hard to end if need be. You never hope it comes to that of course but I have just seen it way to many times. Usually the man gets the screws but in my divorce I got screwed all the way around. What sucked even worst is that he made more than me and couldn't pay for all the crap he wanted to keep. We even have a child together and thank God we get along better now for his sake.
I never believe that women should take their ex's to the cleaners for child support because the courts over way to much in my opion but in my case I did just that. She'll get hers in the end if she tries to end things on a dirty note. Keep being the bigger person........you know what they say about Karma? What comes around goes around.........Good luck to ya! :wavey:
 
And I still dont understand why people get married. Either you make a deal with her or get a top-notch lawyer and screw her badly. I'll always remember what one my teachers back in law school once said: "Funeral costs are expensive but it's always cheaper that going through a divorce".
 
Angel said:
It would end up shared unless you go ahead and pay for a high priced lawyer.
The out come will most likely be cut down the middle. Half retirement fund for her/half for you. Half debt her/ the other half you.

Oh wow. That sucks. So it's YOUR job that gets the retirement correct? So essentially, by marrying you this broad now doesn't have to work for a living and gets to split the retirement fund YOU earn by working the job your whole life. And also, through marriage, she cut her credit card debts in half. What is it with chicks and credit card debts as well? They all seem to have them.
 
By hiring a top-notch lawyer YOU will be getting screwed, not her.

It's always such a shame when people just can't divorce like adults.

I have dated many men who have been through very costly divorces (but not nearly as costly as they could have been). The state of mind they all were in tune with?

KEEP LAWYERS OUT OF IT.

Try to settle it amonst yourselves. You may have to give up a little more than you would legally have to otherwise, however, you will save a lot more money for yourself (the other way you will still have to pay out quite a bit AND have astronomical legal fees to contend with additionally) and you will be free of her sooner. <---- peace of mind = priceless!

Nothing worse than being trapped in hell tied to a piece of human garbage.
 
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