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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 09-07-2009, 12:03 AM
momof 3C's momof 3C's is offline
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My husband and I are currently using a mediator for or legal separation.How do you give a lawyer a retainer fee when the only real asset I have possession of is the matrimonial home and a Safari van? Any help is appreciated.

Thanks,
Sherri
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Old 09-07-2009, 12:31 AM
singledad99 singledad99 is offline
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Funny you should ask. Here is how I did it:

Borrowed from friend
Sold the car
Remortgaged the house
Added a second mortgage on the house (with the decline in real estate values, the loans on the houses are higher than its market value)
Paid the retainer through credit cards (lawyers now accept credit card)
Borrowed from other friend
Wrote cheques on the credit card, the other credit card and the other credit card until ran out
Used all my tax refund
Used my overdraft protection

Now, I am all out. So, I am thinking to sell one of my kidneys or part of my liver to pay my lawyer. My ex on the other hand enjoys a hefty spousal support, a vacation like life style, free housing, under the table wages, and free lethal aid from the govt (oops...I meant legal aid)

Sorry no mercy in the world of family courts on those who work hard. You just have to come up with cash to pay the lawyer like everyone else in this system.
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Old 09-07-2009, 09:24 AM
mominont mominont is offline
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- Borrowed from my parents.
- Paid lawyer with visa cheques (visa cheques were offering 3% interest for 6months)
- Transferred to LOC. I had a line of credit setup for the sole intentation of legal bills.
- Also had LOC through Royal Bank where you only had to make interest payments.
- Tax time when I got a refund would put it on LOC. However it did not cover the cost of my legal bills.
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Old 09-08-2009, 08:16 AM
Stargate Stargate is offline
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Quote:
Originally Posted by momof 3C's View Post
My husband and I are currently using a mediator for or legal separation.How do you give a lawyer a retainer fee when the only real asset I have possession of is the matrimonial home and a Safari van? Any help is appreciated.

Thanks,
Sherri
My lawyer took his fees (including a retainer) from my share of the proceeds from the sale of the matrimonial home. And a retainer is usually just the start - legal fees for divorce cases can end up being tens of thousands of dollars especially where the parties disagree and have to go to Court.
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Old 09-08-2009, 08:24 AM
Stargate Stargate is offline
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Quote:
Originally Posted by singledad99 View Post
Funny you should ask. Here is how I did it:

Borrowed from friend
Sold the car
Remortgaged the house
Added a second mortgage on the house (with the decline in real estate values, the loans on the houses are higher than its market value)
Paid the retainer through credit cards (lawyers now accept credit card)
Borrowed from other friend
Wrote cheques on the credit card, the other credit card and the other credit card until ran out
Used all my tax refund
Used my overdraft protection

Now, I am all out. So, I am thinking to sell one of my kidneys or part of my liver to pay my lawyer. My ex on the other hand enjoys a hefty spousal support, a vacation like life style, free housing, under the table wages, and free lethal aid from the govt (oops...I meant legal aid)

Sorry no mercy in the world of family courts on those who work hard. You just have to come up with cash to pay the lawyer like everyone else in this system.

Welcome to the wonderful world of divorce. All you have worked for in your life could be lost in the blink of an eye. And the inequity that exists in Family Courts between men and women becomes painfully evident (keyword=painfully).
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