Car Loan Divorce Madness Me and my husband began the divorce process, and when we were together, I signed an auto loan to help him purchase a vehicle because his credit was horrendous. During our marriage, he drove that car and I drove a separate vehicle. We are in the process of separating, and because my husband’s credit is so bad (bankruptcy, collections, etc.), he c…

Family member giving me 20k to pay for divorce I hope this isn’t a dumb question but hoping someone can help before I go to my bank. My divorce has been finalized and I owe my ex 35k. Due to the nature of everything my father is giving me 20k to cover some of it and I have the rest to pay my ex. Can he just deposit it into my account? Is that taxed? I am just trying to figure out a way to do…

Managing my mom’s finances post divorce Hi folks! Looking for some guidance for how to support my mom while not fucking myself over. My mom is finally getting out of a 40 year emotionally and financially abusive marriage and is currently in the process of divorce. My father has been hording money for decades and mom is likely to get half a million from him in the divorce. My mom has…

MIL Account Options Post Divorce FIL and MIL divorced about 10 yrs ago. I just found out MIL has her share of his 401k just sitting doing nothing in a Schwab account. NOTHING for 10 yrs. What is the best option for her being in her 60’s? Rollover to a Roth IRA? Traditional IRA? I’m still knowledge poor with retirement accounts so any help is appreciated. submitted by /u…

Equity buyout loan on paid-off house in divorce I have a fully paid-off house that is completely in my name. Proceeding with an amicable divorce, I’ll have to give my STBX husband $400k cash and we go our separate ways. I plan on doing an equity buyout loan on my paid-off house. But I’ve been a student for the past 2 years with very little income. Any advice on how I can get a 30 year loan?…

30s, going through a divorce and I’m in a bad spot. What are my next steps? My wife and I will be parting ways. We’re just not meant for each other and that’s okay, the split is amicable and there is no prenup. However, I am in idiot and have nothing. The house is in her name. I sold my car to help with the house so the one car we do have is hers. I have virtually nothing. Before people attack me for getting robbed, th…

Going through a divorce, need help figuring out to buy out my ex from our home! Long story short I’m going through a divorce. My wife moved out. We have 2 homes, the one I live in and a rental with tenants for another year and a half. My wife is pressuring me to either sell the home or buy her out. the current house I live in has roughly 600k in equity. The rental property once sold would probably generate around 200k which…

Jennifer Tilly Reveals She “Got A Piece Of The Simpsons” In Sam Simon Divorce submitted by /u/Puzzled-Tap8042

House after a Divorce My wife and I are likely getting a divorce soon. We purchased a new build house a little over a year ago. Together, the monthly payment is about 25% of our take-home pay, however, by myself, it is roughly 50% of my take-home pay. Obviously this isn’t set in stone as we haven’t filed, but it sounds like I will be given the house. I am a frugal p…

Advice on retirement and divorce I’m going through a divorce right now and hoping for a little advice. My wife does not want our home and I plan on buying out her share of the equity. I do owe her a small portion of my retirement funds but she is willing to offset this with some of the property we have to divide up. However, I need to come up with $20k for her share of the home…

I’m going through a divorce and need financial help with debt. Here is my debt. Credit Card 1: $7189.45 Credit Card 2: $6690.48 Personal Loan: $3080.77 Camper Loan: $18,534.05 Cash on hand: $10,364.71 Equity in home: $131,425 First I know I messed up with the camper and Credit cards. I was trying to buy happiness with a person who didn’t want to be happy with me. I did dumb things for what I thought was lov…

Looking for short-term help with divorce money? I’m (34f, sahm for 7 years) getting divorced from my husband (34m). He makes around 250k, we live in a HCOL where our kids (3&6) go to school and neither of us are wanting to move them. I also work at the school now part time. He has a large trust fund which he recently started taking an income from each month but has paused it. I will get none …

Starting over after divorce Hi! I’m 37f, divorced mother of 1 (11) trying to figure out how to plan for the future. I was a SAHM for 9 years while married and I’ve been busting my ass starting over for the last 2 years. Ex bought me out of the mortgage and with that money I paid off my car and lived off the rest while paying for school and life expenses. Got a degree, got …

Divorce and Remarriage + Melissa Moore Katelyn and Roxy are joined by Melissa Moore who shares her own story of divorce recovery and how being divorced has affected her remarriage — for better and worse. The post Divorce and Remarriage + Melissa Moore appeared first on RNS.

Question about 401k/IRAs being split during a divorce if both people have similar amountsinvested Not going through a divorce, but saw a post of someone having to give a lot from 401k to spouse and thought of this. If someone gets a divorce and is setup like my wife and I with investing the same amount of money per month into each retirement account and having almost identical numbers in our 401k and IRAs. How would that work? Would there j…

401k or Roth IRA after divorce I have had a 401k, no company match, for about 35 years. The last 2/3 years I had been putting 5% of pay into a Roth through my 401k. I recently lost the vast majority of the 401k/Roth in a divorce. I had stopped contributing since the start of separation knowing I would lose all or a large chunk. I have just started contributing again. I will p…

What Your Twelve-Foot Home Depot Skeleton Says About Your Recent Divorce Your Wife Never Truly Loved Halloween She claims she used to be in love with All Hallow’s Eve and that she spent years trying to work things out with the spooky season. But it’s become abundantly clear that she is a liar. Your wife never loved Halloween. And you know what? GOOD. Halloween doesn’t need her anyway. Halloween’s got candy corn, Fred…

Getting a divorce and I want to keep the house. Hello, my wife and I are getting a divorce. We have a 4 year old and I want to keep the house for consistamcy for her. I am not on the mortgage. My initial though was to buy the house, bit then I thought about refinancing. Is it possible for to add myself to the mortgage while she takes herself off? The second part of the situation is she needs …

Divorce due to differences in spending habits/financial goals? I have been bingeing lots of financial podcasts and YouTube shows, and it seems like so many couples are misaligned in finances and one half of the couple drags the whole household into poverty. I’m currently engaged to someone who is a spender and was raised in an upper middle class household. When he’s done with medical training, he’s already …

Going through divorce and need advice My husband has decided he wants to divorce me. We have about 200K in retirement accounts and our house would probably sell for 600K after realtor fees and taxes. We owe 160K on it so we would theoretically each walk away with 240K. We also have about 65K in savings right now. The house payment is 1000 a month and I would ideally like to keep th…