Small victory or major triumph?

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Small victory or major triumph?

Postby Lostdadof1 » Thu Jul 12, 2012 9:22 am

Well as of yesterday all accounts are separate save for one for household expenses. Most of the cash is back under my control, which I feel is a big plus right now. Can the courts still have a say once this she has signed the accounts over to me?
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Re: Small victory or major triumph?

Postby BubbaGumpShrimp » Thu Jul 12, 2012 9:25 am

Buy a safe. Put cash in safe. "What cash?" If anyone asks, you spent it on coke & Ho's.

As you're posting in "before and during"...I'm assuming that your divorce is ongoing. The accounts being in your name exclusively at this point is super. However, there's nothing keeping her attorney from asking the judge for x% of the funds later.

Don't let this little step lull you into a false sense of security. ;)
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Re: Small victory or major triumph?

Postby Fatheroffour » Thu Jul 12, 2012 10:22 am

Can the courts still have a say once this she has signed the accounts over to me?


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Re: Small victory or major triumph?

Postby Bubba Seal » Thu Jul 12, 2012 10:23 am

Well in my state its 50/50, so no matter who had control over the money, it was still split.
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Re: Small victory or major triumph?

Postby SturmDonkey » Thu Jul 12, 2012 10:33 am

small victory.

it means you have control over your finances for now. Which is a good thing. You won't have a lunatic withdrawing money out of spite, leaving you unable to pay the rent.

But until the final papers are signed, a judge can tell you that she is entitled to half of whatever is in those accounts.
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Re: Small victory or major triumph?

Postby Chosen2Dad » Thu Jul 12, 2012 5:46 pm

Small victory..but keep chipping away..and it can be a major triumph at the end!
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Re: Small victory or major triumph?

Postby defaultuser » Thu Jul 12, 2012 9:02 pm

What you've done is big in my opinion. Why? Because it shows that you have balls. You took charge instead of asking your wife for permission. If you keep this attitude, you'll do ok.

I do not advocate hiding money. Why? If you get caught, you'll pay for it big time. Best thing is to keep your marital assets safe by preventing her from spending them all on whatever. Cashing out your 20k savings account and disappearing the money is ill advised.
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Re: Small victory or major triumph?

Postby Bubba Seal » Fri Jul 13, 2012 10:31 am

Listen to default on this.

If you go to court you need to maitain your credibilty, if you try to hide money and the other side finds evidence of such, your credibilty will be shot on everything you say from there on. I think its best to be straight up and honest on monetary issues, cause there is always a paper trail somewhere that someone can find very easily.

Good Luck

I agree its a big step taking charge of your side of things, just keep moving forward, make your plan and work your plan.
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Re: Small victory or major triumph?

Postby stretchkr » Fri Jul 13, 2012 10:33 am

Why is it you cant just cash out your accounts and keep just enough in there to stay afloat? I took all I could out, and am keeping it in a safe at my parents house. NJ does not know about it, and never will.
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Re: Small victory or major triumph?

Postby Bubba Seal » Fri Jul 13, 2012 10:39 am

If you made a withdrawal of money there is a paper trail thats easily traced.

If I were you, then I would never mention it online or to anyone again.

To me the best thing is when a divorce starts to close all joint accounts, and start your own, so if you have to show this as evidence, you can tell what you did with the money and where it went. In my case I had depositions where I had to answer where every penny went.

Just my 2 cents
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