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

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  #31  
Old 02-03-2022, 10:18 AM
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Originally Posted by Brampton33 View Post
That is what I am thinking. Ex has serious cash and is not paying a lawyer to stall or just get through the process. TB22's ex wants the house sold so he can finalize everything dealing with his ex, including equalization. My sense is that she will get served with a motion dealing with everything in one swoop.
Bingo.

But, it will be after enough time where the "need" for SS will have a solid argument in his favor. If you are making 500K... the math to stall works out.

Life time SS vs not a life time of SS.

What also is happening is that the 500k parent probably has a really good lawyer... Who works with high income earners... They will drag the other parent to poverty then make a one-time SS final offer lump sum payment that will cover off their silly legal debt... Life time of SS gone... CS is a joke to a 500k earner... As well, CS generally doesn't last forever.

I mean its pretty common in the high price legal disputes...
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  #32  
Old 02-03-2022, 11:21 AM
Brampton33 Brampton33 is offline
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Originally Posted by Tayken View Post
What also is happening is that the 500k parent probably has a really good lawyer... Who works with high income earners... They will drag the other parent to poverty then make a one-time SS final offer lump sum payment that will cover off their silly legal debt... .
That is exactly what has been going on. The OP has already spent over $100k in legal bills and has not even stepped into the courtroom yet. The OP's lawyer should have caught on regarding the delay and drain tactic and offered the OP a strategy to stop the bleeding of finances. OP is banking on a windfall but doesn't realize that windfall is diminishing more and more with time and legal fees.
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  #33  
Old 02-03-2022, 11:36 AM
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Listen to Tayken. There's no need to keep attacking OP!! Ex is most likely well represented and knows what he's doing.
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  #34  
Old 02-03-2022, 12:58 PM
Brampton33 Brampton33 is offline
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Originally Posted by StillPaying View Post
Listen to Tayken. There's no need to keep attacking OP!! Ex is most likely well represented and knows what he's doing.
OP is not being attacked. OP is being helped to see the light. If you had read previous posts from OP, you would see that OP is begrudging in the separation process. Its been 5-6 years since she's separated and her ex wants to conclude all ties to her, yet OP won't even release her financial statements to get ball rolling on that standard step in the process. OP has spent alot of money to date and is at serious risk of incurring her ex's legal costs. If anything, the posts are aimed at helping OP.
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  #35  
Old 02-03-2022, 02:12 PM
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Originally Posted by Brampton33 View Post
... her ex wants to conclude all ties to her, yet OP won't even release her financial statements to get ball rolling on that standard step in the process.
Understand that if ex wanted this over with, he'd have full control to do that long ago. Then let the strong feelings towards OP go...
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  #36  
Old 02-04-2022, 08:34 PM
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Originally Posted by Brampton33 View Post
That is exactly what has been going on. The OP has already spent over $100k in legal bills and has not even stepped into the courtroom yet. The OP's lawyer should have caught on regarding the delay and drain tactic and offered the OP a strategy to stop the bleeding of finances. OP is banking on a windfall but doesn't realize that windfall is diminishing more and more with time and legal fees.
One thing to note... That all lawyers, like contractors in any industry, are working for their own profitability first then their client. So, the reason that the OP's lawyer hasn't "caught on" is because they are running up the bill knowing this is going to happen. See the only people profiting from the conflict are the lawyers. So it is in the best interests of BOTH lawyers to run up the money.

Both lawyers know how much money there is to be made on the file... They have seen it all before... and profited from it.
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  #37  
Old 02-04-2022, 08:36 PM
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Understand that if ex wanted this over with, he'd have full control to do that long ago. Then let the strong feelings towards OP go...
I suspect the other party in this matter has their lawyer on /ignore /slap mode. Running up costs... They are a path to reduce risk and financial impact. Rarely do you see high income earners rip through the court system. These things can go on 10-20 years some times!
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  #38  
Old 02-04-2022, 10:33 PM
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Limitations, entitlement, reduced need for higher support, equalization/debt, and more are all added benefits the other party enjoys - in addition to running up ex's costs.
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  #39  
Old 02-06-2022, 09:34 PM
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Okay to op
You remind me of my ex

My legal fees are more than yours amd not into a settlement conference

Why because there is a serious behaviour problem. If I ask for info on kids it is “call my lawyer”. It’s like this but with everything. What the ex did not realize that when my lawyer has to write hers asking for a copy of the health cards, it costs her as well.

3 years later, she is knee deep in debt, renting and ss is running out. In fact it seems like when she successfully went after arrears, her lawyer kept all of it as a retainer and didn’t give her anything for taxes. Total predator move.

She has been an instrument of her own demise, and finally is backing down, thankfully because bankruptcy has to be soon for her.

This will happen to you, and your lawyer is totally doing the same thing to you. You seem overly focused on your entitlement that you have shared more than half of it to your lawyer. Just settle and get on with your life.

You need to evict this situation which is living rent free in your mind
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  #40  
Old 02-06-2022, 11:31 PM
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I actually went back and reread some posts

I am not sure how many years you guys were together

Rock scan has been trying to help you

Everyone here is still trying to help you

Just settle the damn thing while you can

I would hate to see you in a permanent financial trench because of bad decisions you made years hago.

I’ll give you an example in my case that hopefully when you read it, you will think wow that wasn’t smart…and now apply it to some of your decisions

3 months after separation, the ex thought she was going to get a windfall and her current car lease was expiring..she went from 630 a month to 1200 a month.
Now that lease is ending in a few months…and now she won’t even be able to get anything decent because of shortage..and no way to pay the balance

This is an example of bad decision making from not thinking long term, I won’t even get into the housing of my kids..but same shitt

Sell the house, give the disclosure and do the best you can
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