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  1. #1
    Join Date
    Aug 2009
    Posts
    5

    Default Protecting Assets/Cash when I File for Divorce

    State = CT

    I am planning to file on my wife ASAP. She has opened a bank account in her own name and a safety deposit box (this one she thinks I don't know about). A few months back she ATM'd $400 amounts several times and hid the money in our closet while she was having an affair, she had also been taking ATM cashback ($200) at the local grocery store. When I caught her she stopped and the affair ended 7 weeks ago. However, now I see she has been taking cashback on our discover card ($20-25) again that she thought she was sneaking and also been taking an normal cash as well as rebate checks and things and must be putting them there as well. Clearly, she has been detached and debating divorce (as have I) and granted we are probably talking about $2000 or so, but I want to protect her from just trying to keep doing this.

    I know I am within my right to just start shutting down accounts (I am the breadwinner), but I'd rather just file. What can I do when I file to stop her from moving money. Hard to believe a woman I married for 20 years can stoop this low just because (I guess) she feels like she is going to get screwed in the divorce (sure like I am not as likely to get screwed!)

    Thanks.

  2. #2
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default Re: Protecting Assets/Cash when I File for Divorce

    I know I am within my right to just start shutting down accounts (I am the breadwinner)
    Not so fast there, Tex.

    If her name is on the accounts as well, she has just as much right to them as you do. No, you cannot simply shut them down because you "are the breadwinner". Joint accounts mean equal access.

    If you're intending to file, speak with an attorney at your soonest possibility.

  3. #3
    Join Date
    Jun 2009
    Posts
    17

    Default Re: Protecting Assets/Cash when I File for Divorce

    open an account, with youself as the sole signatory

    pay only the necessary bills that pertain to housing, if its rent,be late ... if you own .. don't pay the mortgage .. pay only the minimum food, heat, electric

    take the rest out in cash

    do not pay any bills that are in your wifes name only, i.e. car payment, visa, cell phone, etc

    if her cell phone is a joint bill, shut it off

    your wife has already proven untrustworthy

    she , more than likely earns less than you, and will recieve a favorable settlement in court, with your money

    don't trust your divorce attorney, and don't think her adultery will make a difference

    the courts simply don't care

    borrow against any assets you have, take the checks .. cash them
    the best defense is to be in debt

    i learned these lessons the hard way

    the attorners on this site will advise you differently, and in thier best interests

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