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Is A Divorce Decree Considered An Asset?

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    Is A Divorce Decree Considered An Asset?

    Is a divorce decree considered an asset? My X was in default of our divorce judgment. My atty said we didn't have to list it.

    Tallulah

    #2
    No, its not an asset per se.

    What is your X in default of exactly?

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      #3
      Some would consider it as asset. I'm not talking about bk either. 'Hub
      If I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.

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        #4
        Originally posted by HHM View Post
        No, its not an asset per se.

        What is your X in default of exactly?
        He was supposed to have put my name on our business license. The business was supposed to pay all of the credit card debt that was in my name. X maxed out my cards for business purposes.

        Anyhoo, I went to a lawyer for post-divorce/bankruptcy advice. She said we didn't have to list the business as an asset because X failed to put my name on the license.

        Thanks for your help!!!

        Tal

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