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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 08-28-2008, 04:19 PM
voltio8836 voltio8836 is offline
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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?
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Old 08-28-2008, 11:39 PM
kassie22 kassie22 is offline
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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.
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Old 08-29-2008, 01:01 AM
logicalvelocity logicalvelocity is offline
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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.
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