Have a spouse who's wronged you and fear they are going to do it again? Here are tricks to screw you during a divorce to look out for:
#1: Transferring assets out of their name.
Your spouse may quietly transfer assets to a friend or family member. They can then claim that they no longer have these assets. Your lawyer will have to prove that your spouse transferred the assets to deprive you. Be on the lookout for this secret behavior so that your lawyer can try to block the transfer.
#2: Going shopping.
Both the husband and wife are responsible for the debt each party incurs when you are married. Your spouse may go on a shopping spree and rack up some debt. You will then be stuck with half of the tab.
#3: Selling your stuff.
Selling what they can and spending the cash or transferring it to a friend or family member.
#4: Overpaying your joint taxes.
Paying significantly more in income taxes than you actually owe. After the divorce is over, your spouse may file an amended return along with a request for a refund of the overpayment. Your spouse won't have to share the refund with you.
#5: Declaring bankruptcy.
If your spouse finds that they will have to make payments to you (spousal support, child support, etc.), your spouse may be planning to declare bankruptcy in the middle of the case. You will then have to hire a bankruptcy lawyer to try to get paid. Be on the lookout for this so that you can begin collecting evidence for your fight in the bankruptcy court.
Try to protect yourself by taking copies of investment account statements, bank statements, credit card statements showing balances, and any other evidence so that you can show a "before" and "after" position of the family's financial position to prove your spouse's unethical and malicious behavior to the court.
#1: Transferring assets out of their name.
Your spouse may quietly transfer assets to a friend or family member. They can then claim that they no longer have these assets. Your lawyer will have to prove that your spouse transferred the assets to deprive you. Be on the lookout for this secret behavior so that your lawyer can try to block the transfer.
#2: Going shopping.
Both the husband and wife are responsible for the debt each party incurs when you are married. Your spouse may go on a shopping spree and rack up some debt. You will then be stuck with half of the tab.
#3: Selling your stuff.
Selling what they can and spending the cash or transferring it to a friend or family member.
#4: Overpaying your joint taxes.
Paying significantly more in income taxes than you actually owe. After the divorce is over, your spouse may file an amended return along with a request for a refund of the overpayment. Your spouse won't have to share the refund with you.
#5: Declaring bankruptcy.
If your spouse finds that they will have to make payments to you (spousal support, child support, etc.), your spouse may be planning to declare bankruptcy in the middle of the case. You will then have to hire a bankruptcy lawyer to try to get paid. Be on the lookout for this so that you can begin collecting evidence for your fight in the bankruptcy court.
Try to protect yourself by taking copies of investment account statements, bank statements, credit card statements showing balances, and any other evidence so that you can show a "before" and "after" position of the family's financial position to prove your spouse's unethical and malicious behavior to the court.
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