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sex girl with Hyattville Wyoming s long 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?
x wives 93446 men The JOINT checking and savings accounts (assuming there is/was one) balance not spent on Community debt as of the actual day of separation on court paperwork (or date is when you both decided to get divorced and took concrete steps like moving out of the same bedroom, etc if no filing done yet) is between the two of you; each should take their half and put into their own Separate checking account in only their name; account should be closed as as feasible. If you opened or kept an account in JUST your name during the marriage you have to PROVE that the current balance does not contain ANY earnings you made prior to the separation date and after date of marriage- documentation is your friend here. Any earnings paid after the date of separation are each your own Separate Property. How about houses and cars and debt? Any purchased or incurred before the marriage are Separate Property, all purchased during the marriage and not with Separate money is Community Property and subject to equal division or an equalization payment to the shorted party. Now, once you've done all the above calculations- go back to him with the figures for Separate on one spreadsheet and the figures for Community on another that divides up the stuff into two columns (for you and for him) and add how much you figure the household stuff is worth USED to his column too. THAT is your starting point for 'negotiations', and what a Judge likely rule for if it ends up going to trial vs a mediated agreement or an out of court agreement you both sign and file. pdx brunette looking for a gentleman
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