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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 03-19-2017, 08:17 PM
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Originally Posted by Janus View Post
Also: Your friend lost a good chance to be sneaky. I would have let him fill out his financial disclosure, sign it, and then provide evidence that he was lying. The credibility hit would have been priceless.
This ^^^ isn't at all being sneaky. It is good legal conduct in my opinion.
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Old 03-20-2017, 12:56 PM
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Originally Posted by arabian View Post
If your friend's husband still has his job then she should look at getting an interim order for automatic deduction of his income for Interim Spousal support to pay mortgage. Also she can meet with bank and lay out the situation, namely his addition and what she is doing about it financially) and see if bank can offer some sort of short-term payment arrangement.

If she doesn't take some sort of measure to get his income from source then there would be no reason/no repercussion for him to not pay. Sometimes one has to treat irresponsible people like children. This sounds as though this is one of those situations.
She says she talked to the bank and was told that if she paid the arrears and committed to paying the mortgage through withdrawals from an account in her name only, the damage to her credit would be undone. It also looks like credit card debt incurred before separation will not be excluded from the equalization calculations (in other words, she's going to end up with her share of the equalization reduced by half the amount owing on his cards as of the date of separation, even though he's still responsible for actually paying off the creditors).
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Old 03-20-2017, 04:56 PM
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I was pretty sure that banks can help out ... your friend is not the only person in the world married to an addict.

However we have to remember that the is co-dependent issues that she should immediately seek counselling for. Yes, she will pay for her "denial" one way or another.

The Interim SS Order through a maintenance enforcement agency should give her some additional relief (kind of a fast-tracking way to ensure she isn't sitting with having to pay for everything right now). These things typically go through court quickly as it motivates parties to come to agreements. If he doesn't pay her he will pay the bankruptcy trustee an overage amount (which would hold up his bankruptcy to possibly 3 years instead of 9 months, assuming this is his first bankruptcy) so it is in his favor to agree on consent to a deduction order for SS through MEP.
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