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Question on the division of assetts/debts. Lets say that a vehicle was purchased with no money down just prior to divorce for $50. Spouse A income represents 75% of household income, and Spouse B income represents 25%. Spouse A be keeping the vehicle. The actual resale value of the vehicle is now $40. Lets assume that this is the only communal property. So we now have a vehicle (assett) worth $40, , and a debt of $50. If we divide the assetts then each party gets $20, in assetts. Since Spouse A is keeping the vehicle he/she owe Spouse B $20. Now we have the debt of $50. Since Spouse A represents 75% of the income, spouse A take on 75% of the debt totalling $37. Spouse B take on 25% of the debt totalling $12. In the end you have Spouse A paying Spouse B the difference of $ to keep a vehicle that they are already paying for. Is this thinking correct? Or is the vehicle even considered an assett since there is no equity in it? Is only the equity considered an asset? blowjob Sturbridge news
CA has some clear laws on property division. Hopefully you don't have to sell your house. Be sure when you file, to ask for sole use of the home. Is his name on it? You have to pay him his portion of the equity in the house. What you need to think of more than "your things, and your house" is YOUR. Put them at the very top of things you hold dear. You are, you can make more money. They only have one childhood. Keep in mind that they their father. So always be fair when it comes to their relationship with him. Divorce really sucks. But a lot of people come out better for it in the end. I would hate to bring my up in a home with a poor male role model and full of tension and hate. looking for a real man with common interestsThe law varies between States, so check with a lawyer in your jurisdiction. Texas is a community property State, so any income earned during the marriage is community property regardless of whose name the account is in, and would be subject to division by the Court in the event of a divorce. The Court cannot divest a party of their separate property in a divorce proceeding. Separate property is anything owned prior to the marriage, anything inherited during the marriage, and anything that was a gift to you. If the account is your separate property, do not put her name on the account. If you put her name on the account it is presumed that you intended to give half of it to her. friends dating
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