Interest

[Janus]

$300,000 for what?

Equalization?
Arrears?
Interest?

[OB1]

Equalization and interest

[Karma2016]

Why are you recruiting your daughter in this mess? For the Love of God leave the kids out of it.

[Janus]

Originally Posted by OB1

Equalization and interest

So the interest charges might not be that ridiculous, you're just being a bit deceptive with your storytelling.

Assuming that her lawyer is just going by inflation (the lowest possible interest calculation, does not account for the fact that most people can earn more than inflation with the money), then an equalization of $230,000 15 years ago would be expected to cost $300,000 today, since the inflation rate over the last 15 years has been about 30%.

Is that ballpark to what is going on with your situation?
230k equalization
70k interest

If so.. that's kinda fair.

[OB1]

I don't want to give figures but let say if it was 50 dollars now their asking 100 including interest. My argument will be that I've tried to settle for years now but my ex kept on delaying. She never wanted to take, or work with any of the offers I submitted. Then everything went stagnant due to her not having any funds to pay her lawyers.

[Janus]

So, using your $50 number. They think you should owe $100, how much do you think you should owe?

[OB1]

I'm not sure, It will be quite difficult to prove since 90% of what I had was accumulated prior to the marriage. Not an easy task. At the end the lawyers will win. As for interest, its debatable. I have tried to settle but she keeps on refusing. So should interest still be added, and to what amount???

[Janus]

Originally Posted by OB1

I'm not sure, It will be quite difficult to prove since 90% of what I had was accumulated prior to the marriage. Not an easy task. At the end the lawyers will win. As for interest, its debatable. I have tried to settle but she keeps on refusing. So should interest still be added, and to what amount???

You are so difficult to follow.

So, now you are complaining that some of your assets were acquired before marriage? So this isn't about interest any longer?

This is your argument:

"I don't know what is fair, but you are wrong! Let's fight, but fighting will destroy us. This is your fault though for being wrong"

You need to figure out what is fair, and then make an offer to settle. I think the problem is that you don't even have an idea of what is fair, you just don't want her to get anything.

Your attempts to blame her entirely for the delay are also ineffective and paint you as being unreasonable. I would drop that line of attack.

[OB1]

Janus, thanks for you input, but I have been very fair in my offers. At one point I even had to sign I statement that I was acting against my lawyers advise. I had offered my ex way more than what I was supposed to just to get it over. I want nothing more than to get this over - it has been almost 15 years that it has hung over my head. However, when you just keep on blowing money and your ex is never happy it goes to a stand still. I still pay over 1000 a month in child support even tough my kids are older, and have finished school. I'm even considering buying them a home just so they don't have to pay ridicules amounts for rent. Sometimes even though you think you are being fair the other party doesn't think so. Your lucky you and your wife worked it out and you were able to close that chapter in your life. Not everyone is the same..

[arabian]

I'm a tad confused by this thread.

So you haven't paid/settled on the house a/o matrimonial assets yet after 15 years?
If that is the case then I totally agree with Janus and would even go so far as to add in "penalty".

Must be nice to be able to keep all that money in your jeans.