mikesmith
New Member
Cash: $ 1.45
Posts: 6
Joined: 06 Oct 2005
Location: New England
|
| divorced and screwed |
 |
|
A friend of mine was divorced about 6 months ago. In the stipulations for the divorce her ex is supposed to pay on their credit cards and personal loans. He is refusing to pay on anything and it is destroying her (and his) credit. Is there any way she can be removed from the accounts? I’m sure there are some people who have been in this situation.
|
Sat Oct 08, 2005 3:40 am |
|
|
Rolo
Yo' Daddy
Cash: $ 309.70
Posts: 1551
Joined: 13 Mar 2005
Location: Colorado/Florida
|
Nope. Unfortunately, it's easy to back out of a marital contract, but not a financial contract; she can't break those, too.
She signed a contract with the lender and that's all that matters. Put yourself in the lender's shoes: would you care about internal marital disagreements?
How To Keep This From Happening To You:
Prenuptual agreements
Postnuptual agreements
No joint accounts, only add Authorised Users
No joint assets
"Expect me when you see me."
|
|
Sat Oct 08, 2005 1:29 pm |
|
|
microjenn
New Member
Cash: $ 1.79
Posts: 8
Joined: 27 Feb 2005
Location: Baltimore, MD
|
I saw a similar situation on Suze Orman's show. She said the same thing as Rolo. Your friend is screwed. Her name is on the accounts and no matter what the divorce agreement says, she is still responsible for debt.
|
|
Sat Oct 08, 2005 4:35 pm |
|
|
frcisafraud
Full Member
Cash: $ 10.92
Posts: 78
Joined: 08 Jul 2004
Location: Western US
|
| Screwed? |
|
|
The decree is ordered by the court, which isnt honored by the credit issueing institutions, but is by the court. If the ex parte has money and is ordered there is opportunity to take it to court and sue for the money?
The question is are they refusing or are they incapable? If they are incapable its not worth the expense.
The untold history of money every citizen should know!.. http://www.nccs.net/monetary_reform1.html
|
|
Sat Oct 08, 2005 6:31 pm |
|
|
|
