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Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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Old 10-19-2005, 01:53 PM
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Question Financial Issues and what should I do?

After long time stugglling the relationship, we decided to separate/divorce. Now we are living the Condo Apartment, which my husband bought using his name. As I don't have inputs on the down payments and morgages on this apartment, as I am paying an other apartment which is under my name. Currently this apartment is rented out.

Should I move out once we start to separate or am I obligate to move out? I don't have any place to live yet so far. Can I claim anything from the current resident condo? we have been married over 5 years.

Thank you very much for your help!

Hong
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Old 10-19-2005, 07:34 PM
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Hi Hong and welcome to the forums!

Whether to move out of your home is actually one of the most critical strategic decisions that needs to be made when a person separates. You really need to sit down with a lawyer and discuss your situation in detail before you can decide whether to move out. If you move out and it's not a good idea, you can end up spending many months and thousands of dollars trying to undo the damage to your legal case.
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Old 10-19-2005, 08:24 PM
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Yes I would agree that you need to think this through carefully after discussing your options with your lawyer. Trust me you do not want ot make any quick or uninformed decisions.
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Old 10-20-2005, 06:33 PM
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Default Should I buy some place before we separate or after?

Thank you, Jeff and Kconection, for your advice!

We don't have many common assets or proprity to split up. I was thinking I may just bring my belongings and leave. I don't have intention to split his asset or home or furniture etc. However, I need to have some place (I prefer to buy over rent) to live. My question here is: should I buy before the separation is effective or after? As I don't want to live the same place with him after our separation. We don't have children.

As I don't have complicated case, do I still need lawyer for this?

Thank you again,

HONG



Quote:
Originally Posted by Hong
After long time stugglling the relationship, we decided to separate/divorce. Now we are living the Condo Apartment, which my husband bought using his name. As I don't have inputs on the down payments and morgages on this apartment, as I am paying an other apartment which is under my name. Currently this apartment is rented out.

Should I move out once we start to separate or am I obligate to move out? I don't have any place to live yet so far. Can I claim anything from the current resident condo? we have been married over 5 years.

Thank you very much for your help!

Hong
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Old 10-23-2005, 08:26 PM
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Hong, I’m a big supporter of people helping themselves in a divorce. But I think that it almost always makes sense to spend at least an hour or so with a lawyer when you separate, just to make sure that you understand how the law applies to your case and how you should proceed with resolving the issues.
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