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Divorce Advice for Men | Fathers Rights Divorce | Child Custody

Providing men with essential divorce advice, fathers rights divorce information and child custody articles. Dads Divorce is a community for men facing divorce or fathers rights issues and run by Cordell and Cordell. Cordell & Cordell is a family law firm with a focus on men's divorce, child custody and fathers rights divorce.
Tags >> loans
Nov 12, 2012

divorce lawyer Jordan RapoffQuestion:

My wife wants to divorce me and have me pay her mortgage for another house that she will live in, but I am concerned about how this affects my exposure to alimony.

Is it a bad idea for me to purchase this second house for my wife with my name on the loan if we were to later divorce?

How does the fact that I would be paying for two households affect any potential alimony payments?


Aug 23, 2012

divorce lawyer Daniel LambertQuestion:

I have a vehicle financed in my name.

During temporary orders, my soon-to-be-ex-wife was awarded possession of the vehicle until the divorce is final at which point we are to switch cars since I am driving the one in her name that is paid off.

She is saying that since I signed an uncontested divorce she gets to keep my car.

Is this true? I am the one paying off the loan, making insurance payments, etc. Can I take the car back?


Jul 08, 2012

New Jersey divorce lawyerQuestion:

I was ordered to pay off my ex-wife's car in the marital settlement agreement. It is apparently a lemon and the dealer is willing to "buy back" the car.

My ex is saying I'm responsible for the loan balance, i.e., she thinks I should have to buy her a new car if we sold her current one.

What do you think her chances are of holding me liable?


May 17, 2011

financial advice divorceFinancial adviser Dan Danford answers a personal finance question from a Money Made Easy viewer:

"My son wants to purchase a car and have me co-sign for it. I have an average credit score so I don't think I would be rejected as a co-signer, but will the fact that I am co-signing for my son affect my credit score in any way?"

Danford, MBA, CRSP, of Family Investment Center, explains while co-signing may not affect your credit score, it may affect your ability to get loans in the future.

Remember that loaning money or co-signing is a business transaction. Treat it as such.


Jan 11, 2011

Financial adviser Dan Danford answers this financial question in today's edition of Money Made Easy: Can you explain debt consolidation services and how they work? I'm leery of all these ads I'm seeing about debt relief because they sound too good to be true.

Danford, MBA, CRSP, of Family Investment Center, offers his financial advice on debt consolidation along with showing an easy to understand chart that shows why a consolidation loan may be right for you.


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