Hello,
I'm in the phase of thinking about leaving my husband and I want to make sure I'm well prepared before starting this ordeal, my financial situation is as such..
I'm a govt employee...been for about 13 yrs (pension benefits)
I own a house ( bought it alone since my HB didn't have good credit so his name is not on the title/mortgage)
I have debt ~ 100k that was accumulated over the years when we are together (8 yrs) due to his unemployment, us getting married, life expenses that I couldn't keep up with my salary alone..but obviously all accts are mine (no joint accts- again his credit issues)
Otherwise I don't think there's other assets or debts I'd think off..
He is employed outside the country and making money- hasn't claimed this on his taxes and still files with 0 income...owns nothing here and has a few accts in collections..
Now my question is..how will this work division wise? I'm mostly worried about the debt vs the house (he never paid for any of it- and we don't have much equity on it yet)
What can I do to prep myself before I start this? Is there any paper work I can get from him that would help me?
I'm in the phase of thinking about leaving my husband and I want to make sure I'm well prepared before starting this ordeal, my financial situation is as such..
I'm a govt employee...been for about 13 yrs (pension benefits)
I own a house ( bought it alone since my HB didn't have good credit so his name is not on the title/mortgage)
I have debt ~ 100k that was accumulated over the years when we are together (8 yrs) due to his unemployment, us getting married, life expenses that I couldn't keep up with my salary alone..but obviously all accts are mine (no joint accts- again his credit issues)
Otherwise I don't think there's other assets or debts I'd think off..
He is employed outside the country and making money- hasn't claimed this on his taxes and still files with 0 income...owns nothing here and has a few accts in collections..
Now my question is..how will this work division wise? I'm mostly worried about the debt vs the house (he never paid for any of it- and we don't have much equity on it yet)
What can I do to prep myself before I start this? Is there any paper work I can get from him that would help me?
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