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How to find your spouse's hidden assets in a divorce? law answers (142580)

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After my divorced was Finalized, I Found Out my Ex was Hiding Money in an Overseas Account, What Can I Do?

A:  “If a spouse (husband) conceals substantial financial gain acquired during a 26-year marriage, and withholds disclosure of this overseas bank account in a divorce settlement, and then the other spouse (wife) finds out about the concealed money–after the divorce is finalized; can the wife reopen or sue the husband. And is there a time limit in the state of Mississippi.” In California there is no time limit to pursue an action based on a willful (fraudulent) non-disclosure of marital assets. The penalty is 100% of the interest by statute. Check with a Mississippi attorney, as there is likely similar relief available there....

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Transfers of Money in Chapter 7

A:  These are questions calling for legal advice; they are best put to an experienced attorney who practices where you will be filing. Cathy Moran "Is there a timeframe in which you can't transfer money before filing Chapter 7 BK? If so, what is the "look back" period?" "Can't" isn't the correct word. The question is whether the trustee can pursue someone to whom the debtor transferred something in order to recover what was transferred for the BK estate. Certain pre-BK transfers may qualify as "preference" payments, and the trustee may be able to pursue the transferee to recover what was transferred. Obviously, money given to the local grocery store to buy groceries doesn't qualify. On the other hand, if the debtor owned a $1000000...

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Will debts from 1st marriage affect 2nd?

A:  quote:Originally posted by wslee1:Will debts from my 1st divorce make my 2nd husband responsible for payment of them? Not married 2nd time yet - need to know ASAP!Bad credit and have collectors hounding me as they can''t find my 1st husband - debts were split at divorce but they say I have to pay - if I get married, does it make my new husband responsible also? My response: The debts incurred between you and your first spouse can never become the legal responsibility of your second husband. Your second husband might decide to assist you in paying your debts, but he has no obligation to do so - - unless, of course, he''s planning on becoming a Monk. A divorce decree can relieve a spouse from financial obligations of...

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Do they stay after divorce ?

A:  me...me.com (big guy) wrote in message news:<3f3fa024.4651280...news.west.earthlink.net>... I brogught a Ukraine gal over on K1 Married her only to find out I was being used. Filed for divorce 3 1/2 months later. She now is doing the Did she already file for I-751 or get the conditions removed ? If not, she will have to prove to INS that it was a bonafide marriage. Some people say that it is easy to do and some say that it is difficult. Who knows ? It happened to me and I sued her for fraud foe some of the money she stole and won. But at the very least, she stays 3 years until the I-751 is adjudicated and another 1-2 years while it is appealed if it is denied. So don''t hold your breath and be happy that she is gone. I would write a letter to INS and tell...

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Illinois laws? Motion to Vacate

A:  quote:Originally posted by xo Ali: [b]Okay, now I am really steamin'' My divorce was final (as in signed,sealed and delivered) on July 26,2000. In part, the settlement that was reached included my posession & total ownership of one of our cars, with the balance due to the bank to be paid by my spouse within 30 days of the divorce. Within that time limit, he has decided that ''he didn''t realize'' that HE was to pay for the car. He contacted his attorney and they have filed a motion to vacate that portion of the settlement, stating ''a misunderstanding''! To add to this total mess...he got married one week after our divorce. My contention is that as long as he is has married, he has compounded his position. (so...

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Alimony with prenup

A:  My wife and I signed a prenup the month of our marriage and there was no attorneys involved. Below are my questions "1. Is she going to be entitled to any of my income or asset during our divorce?" We can't possibly know the answer to that question from here. If you bought all the property before the marriage, it is separate property except to the extent that you used job income, for instance, toward its upkeep-improvement, etc. "Is the prenup going to be enforced even with no attorney and also signed on the same month of marriage?" We can't know what GA court would rule on a prenup signed without an attorney. In some states, the person's attorney could make hay out of this. Even without a prenup, however, chances are she's...

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Finding hidden Trust assets

A:  I would review my game plan with a good trusts/estate attorney before I spent money with any such firm....

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Does a spouse have the right to a portion of unexercised stock options when splitting assets?

A:  The following comes from an article written by the law Offices of Rod Firoozye. This article was published on July 17, 2004, and can be found at: http://www.divorcenet.com/states/california/ca_art32 California law defines community property as any asset acquired or income earned by a married person while living with his or her spouse. Separate property is defined as anything acquired by a spouse before the marriage, or during the marriage by gift, devise or bequest. The law requires that the community estate be divided equally if there is no written agreement to the contrary. This means that from the total fair market value of the community assets, the joint...

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Am I legally liable for my new spouse's debts ie: house mortgage?

A:  More entanglements. I am trying to wrap my mind around the "million of wealth" and your new spouses previous debts You already know what I am going to say: retain a lawyer. Based on the brief information, it maybe time for your new spouse to seek BK protection. One spouse can file, without affecting any pre-marriage assets or yours. It is far better to have the BK court decide who owes what to whom, than to have to fend off a suit after suit from creditors trying to find assets to seize; defending those suits could and will cost tens of thousands in legal fees and what property you may lose to seizure ( and post marital assets will be fair game, and the burden will be on the dbetor...

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Contractor Hiding assets/Income in Subcontractors Newly Form

A:  the only thing I can think of is a private detective maybe. That may help you get leads and from there you can subpena further information if you are involved in a civil case. http://www.pafamilylaw.net First, please don't use ...... in the place of proper punctuation; it makes things more difficult to read. Could he be hiding assets? Sure. But one can subpoena corporate records if he has an ownership interest in a company. You need to discuss this with a local divorce attorney. "... is this a METHOD of a contractor to sweep income under the rugs?" Subcontractors are not part of your husband's business; they're free to do business as they like. "...how would he be getting his...