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Dads Divorce - Free custody and alimony advice for men and fathers.

Providing essential divorce, alimony, custody and support information and resources to men at any stage of divorce.
Tags >> credit
Feb 17
2010

Ask a Divorce Lawyer topics for Feb. 17: Emancipation and jurisdiction; moving out; age of child and visitation; ex is ruining my credit; incorrect amount of child support; jurisdiction and residency; foreclosure and debt during divorce

Posted by Matt Allen in William Halaz III , Visitation , retirement , residency , Nancy Shannon , marital property , marital home , loan , jurisdiction , Jennifer Paine , garnished wages , Erica Christian , emancipation , default , credit , Cordell Cordell, PC , child support calculators , Child Support , Ask A Lawyer

Among the Ask a Divorce Lawyer questions answered today by Cordell & Cordell attorneys:

  • My divorce papers in one state order me to pay child support until my sons are 21. They now live in another state where emancipation is 18, so do I have to keep paying until they are 21?
  • How long do I have or how do I go about forcing my wife to get the rest of her belongings out of my house so I can move on?
  • Can my 17-year-old daughter refuse overnight visits with me?
  • What can I do if my ex defaulted on a loan that is ruining my credit?
  • What can I do if my child support was calculated incorrectly?
  • My house is in the process of foreclosure. I have access to my 401k to stop the process and pay all our outstanding bills. Should I salvage the house and start fresh with zero debt just before we get a divorce?

 

Jan 23
2010

Ask A Divorce Lawyer: Should I take over the house payments or go to court to get her to pay?

Posted by pmcmahon in mortgage , Legal Strategy , house payment , Erica Christian , credit , Cordell Cordell, PC , Ask A Lawyer , Affairs

Question: 

I'm divorced and didn't use a lawyer. My ex had an affair with a man and now she is living in my house with him and she is not paying the second mortgage as ordered. Can I either take over the house and payments myself or can I go to court to get her to pay? My credit is getting destroyed.

 

 

 

Oct 02
2009

Ask A Lawyer: How Do I Keep My Wife From Ruining My Finances?

Posted by pmcmahon in Richard Coffee , Legal Strategy , financial data , finances , credit card , credit , Cordell Cordell, PC , Ask A Lawyer

Question:

What are the consequences of closing our shared savings and checking so I can control the money? Over the last year, my wife has run up a shared Visa buying shoes and a wardrobe. I do not trust my wife since we were just in a 2-month separation.

I'm back in the home now, but she shows no signs of love, desire, nor hope. In the mean time, I found out her Mom sent her a bit of money a few years ago. She also opened a credit card in her name and is using it to pay our mortgage and other home bills on a monthly basis. She then pays the Visa using our shared checking account. I think she has been building and establishing credit. 

I earn the money because she refuses to work, and I feel that she is positioning herself to leave me and take much of what I have worked for. Any advice?

Feb 17
2009

Money Made Easy: Managing Debt

Posted by Rick Ortiz in video , Money Made Easy , debt , Dan Danford , credit

"Debt is a double-edged sword."

In this episode of Money Made Easy, our host, finance expert Dan Danford, MBA, CRSP, explains how debt can add to the wealth of your estate or it can be the road to financial ruin.

In "Managing Debt" we examine several principles of controlling debt rather than letting it control you.

1. Use debt when buying things that go up in value.

2. Money is a commodity: Get it in the cheapest and best place.

3.  Mind the details of your debt.

Watch the video after the jump and examine the impact that debt can have in your life before, during and after divorce, and how to better manage it.

Nov 29
1999

Ask a Lawyer: Quit claim and hold harmless

Posted by Dads Divorce in Rules , quit claim , Procedures , mortgage , KS , hold harmless , finances , credit , Ask A Lawyer

Question:

I signed a quit claim form and have a hold harmless statement wrtten into my divorce decree. My ex-wife has been delinquent with her mortgage payments and this has devastated my credit. I have talked to the creditor holding the mortgage and various other sources and I keep getting the message that I am ultimately responsible for the mortgage should she default. What was the point in signing the quit claim and hold harmless if I am not protected?! My future wife and I have been trying to purchase a new home and my credit score has been holding me back because of this previous mortgage. What are my options? Was this quit claim and hold harmless a total waste? It seems as though it is meaningless.

Answer:

File a Motion for Contempt with the court. You need to enforce the hold harmless provision. Request that the property be sold to remove your name from the mortgage. Hire an expert to testify about the value of your lost credit rating. Ask that your ex-wife repay you for your lost credit rating.
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