Ottawa Divorce .com Forums

User CP

New posts


  Ottawa Divorce .com Forums > Main Category > Financial Issues

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

Closed Thread
Thread Tools
Old 08-28-2008, 04:19 PM
voltio8836 voltio8836 is offline
Junior Member
Join Date: Aug 2008
Posts: 2
voltio8836 is on a distinguished road
Default What if you had a secret bank account?

Just wondering what if you had a secret bank account with emergency money that no one knows about? in that case would that not be factored into settlement and payment funds?
Old 08-28-2008, 11:39 PM
kassie22 kassie22 is offline
Junior Member
Join Date: Aug 2008
Posts: 17
kassie22 is on a distinguished road
Default I "think"

it would depend where that money came from... if it's any sort of "income" it would show up on your income tax assessment which would be used to determine the amounts that you'd have to pay.

If it was a gift, from under-the-table employment, or some other source, you'd still have to be careful if your actual declared income didn't make sense for your standard of living... tricky.
Old 08-29-2008, 01:01 AM
logicalvelocity logicalvelocity is offline
Join Date: Oct 2005
Location: Ontario
Posts: 3,943
logicalvelocity has a spectacular aura aboutlogicalvelocity has a spectacular aura aboutlogicalvelocity has a spectacular aura about
Send a message via Yahoo to logicalvelocity

The problem with a secret bank account is that you would have to document its existence on your sworn financial statement. If you fail to do so, and it gets noticed by the court, watch out as it will haunt you throughout the reminder of your case management.
Closed Thread

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
FRO Bank garnishment~ Your not going to believe this. supar3 Divorce & Family Law 11 06-11-2010 08:11 PM
Bank Garnishment~confused supar3 Divorce & Family Law 7 06-03-2010 02:11 PM
investigating assets danb Financial Issues 4 08-04-2009 08:12 AM
Bank Account Seizure by FRO Chopper Financial Issues 9 04-01-2009 04:09 PM
laws on joint bank account money after divorce is final sherif28 Financial Issues 8 01-30-2006 12:22 PM

All times are GMT -4. The time now is 05:11 AM.