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Hiding Debts From Your Spouse Can Be Recipe for Divorce

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    Hiding Debts From Your Spouse Can Be Recipe for Divorce

    The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

    #2
    Yes Yes Yes!!

    This is very important for everyone. I did this with my DH, because I knew he would go crazy when he found out. When he did we almost seperated. Weve got our act together now but now my sister is doing the same thing to my BIL. She has even taken out accounts he doesnt know about.

    If there is one thing a couple should never ever lie about its money and debt. Its much worse to hide it than just take care of it by any means available.

    Thanks for posting this, I hope everyone takes note. Money is NOT worth divorcing over. Talk it out and move on.
    Wam
    ch7 8/07 CLOSED: 11/07 Rebuilding and saving.
    WAMU unsecured $2,000 Capital One unsecured $500
    PAID OFF MONTHLY!!!

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      #3
      Originally posted by HRx View Post
      Hiding Debts From Your Spouse Can Be Recipe for Divorce
      We lived this situation as well. My husband was the captain of our financial ship for 25 years because it was important to him to be in charge of our finances. When the ship began to take on water because of some poor financial decisions he made, he couldn't bring himself to tell me. He kept thinking he could turn it around and I wouldn't ever have to know.

      Finally as his financial house of cards was collapsing in on itself, we were starting to get so many creditor calls that he couldn't screen them all. I finally figured out that we were in serious trouble and forced him to tell me the truth. I felt so betrayed, and so angry with him. I would have bet my life that he wasn't capable of lying to me about something so important to our family's well-being, but I was wrong. It rocked our quarter-century marriage to its core. Finally after a hellish year of hurtful arguments, I finally decided that I either had to forgive him or leave him. Since he finally took responsibility for getting us into this mess and was willing to do what we had to do to get out of it, I stayed. Now we are doing very well and we work together as a team every day to inch ourselves slowly back to financial health. No more secrets!!
      Last edited by lrprn; 05-04-2007, 06:14 AM.
      I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

      06/01/06 - Filed Ch 13
      06/28/06 - 341 Meeting
      07/18/06 - Confirmation Hearing - not confirmed, 3 objections
      10/05/06 - Hearing to resolve 2 trustee objections
      01/24/07 - Judge dismisses mortgage company objection
      09/27/07 - Confirmed at last!
      06/10/11 - Trustee confirms all payments made
      08/10/11 - DISCHARGED !

      10/02/11 - CASE CLOSED
      Countdown: 60 months paid, 0 months to go

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        #4
        "For better or for worse...."

        Some folks get a good one and some don't. It goes both ways.

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          #5
          Well, I'll tell you one thing, that guy "Rothberg" leaving his wife and getting divorced over debt etc.(there wasn't love there to begin with ...he felt absolutely nothing for her whatsoever and there was no love there...i'm not going to scroll back up but isn't he a lawyer....."for richer or poorer" isn't a marriage vow sacred? Isn't a marriage vow a contract.......didn't he breach his marriage contract..."for richer or poorer" "in good times and in bad"? and then runs credit report to show he doesn't have debt and expects his "intended" to do the same to show proof of no debt..................People who behave like this should not be married.
          12/19/06 Chapter 13
          1/22/07 341 Meeting
          3/5/07 Confirmation Hearing Continued
          6/28/07 CONFIRMED!

          Comment

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