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Message

re: Alimony.scenario

Posted on 7/23/23 at 5:10 pm to
Posted by TexasTiger33
Member since Feb 2022
14056 posts
Posted on 7/23/23 at 5:10 pm to
void
This post was edited on 7/24/23 at 8:45 am
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
147763 posts
Posted on 7/23/23 at 5:11 pm to
Who's she fricking?
Posted by NaturalBeam
Member since Sep 2007
14722 posts
Posted on 7/23/23 at 5:11 pm to
quote:

I'm 6'1". 220. She maybe weighed 180 when we married.
Well you married a big broad, and big broads get to be bigger broads 11 years later so you surely aren’t surprised.

But to answer your question, pay to have a business evaluation done showing it’s worth 400k, open up the books to show you owe 335k - and then you’ve got a 65k asset to split with her in the divorce. You can likely put it on a payment plan and pay her 1,000/month from the business for 3 years.
Posted by PrattvilleTiger
Prattville Al
Member since May 2020
2557 posts
Posted on 7/23/23 at 5:13 pm to
Her vibrator.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
42496 posts
Posted on 7/23/23 at 5:14 pm to
She gets all the good shite.

You get consequences.
Posted by PrattvilleTiger
Prattville Al
Member since May 2020
2557 posts
Posted on 7/23/23 at 5:16 pm to
I couldn't care less about what she looks like/weighs. I just want her out of my life.
Posted by stout
Porte du Lafitte
Member since Sep 2006
178933 posts
Posted on 7/23/23 at 5:17 pm to
quote:

She maybe weighed 180 when we married.



Oh is that all?
Posted by financetiger38
Member since Nov 2022
3182 posts
Posted on 7/23/23 at 5:17 pm to
quote:

Ain't much to split down the middle. My business provides a service. Nothing else. 2 employees and a 2015 work van. No tangible assets. Just a customer portfolio.

How are you in debt for over $300k with no assets?
Posted by TexasTiger33
Member since Feb 2022
14056 posts
Posted on 7/23/23 at 5:18 pm to
void
This post was edited on 7/24/23 at 8:44 am
Posted by PrattvilleTiger
Prattville Al
Member since May 2020
2557 posts
Posted on 7/23/23 at 5:18 pm to
Paying the previous owner. Vastly overpayed for the business.
Posted by PrattvilleTiger
Prattville Al
Member since May 2020
2557 posts
Posted on 7/23/23 at 5:21 pm to
I think I'm too invested at this point. Mediation is this week.
Posted by financetiger38
Member since Nov 2022
3182 posts
Posted on 7/23/23 at 5:21 pm to
Gotcha. Hope everything works out for you. It really pisses me off women get to take the fruits of a man’s labor when they decide they don’t want to be with them anymore
Posted by tigerfoot
Alexandria
Member since Sep 2006
60516 posts
Posted on 7/23/23 at 5:22 pm to
quote:

Paying the previous owner. Vastly overpayed for the business.
ouch.
Posted by weadjust
Member since Aug 2012
15622 posts
Posted on 7/23/23 at 5:23 pm to
quote:

my business is worth maybe 400k. It's in debt 335k.


quote:

My business provides a service. Nothing else. 2 employees and a 2015 work van. No tangible assets. Just a customer portfolio.


That doesn't add up unless you financed some 325K rims for that van

How much is the customer portfolio worth
Posted by PrattvilleTiger
Prattville Al
Member since May 2020
2557 posts
Posted on 7/23/23 at 5:25 pm to
Don't know. A bank told me I was vastly overpaying for the business. They wouldn't give me a loan. They told me it was only worth 400k. I paid 750k for it.
Posted by cwil177
Baton Rouge
Member since Jun 2011
29546 posts
Posted on 7/23/23 at 5:31 pm to
quote:

She weighs probably 260. Still interested?

In that case, congratulations on your impending divorce.
Posted by LSURussian
Member since Feb 2005
133387 posts
Posted on 7/23/23 at 5:35 pm to
quote:

Lol....that's not what my attorney tells me...
So you've already consulted with an attorney about asset settlement in a divorce in your state but you thought it would be a good idea to ask anonymous posters on a message board how it works?!?
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 7/23/23 at 5:39 pm to
quote:

Wait, so why didn’t you just ask your attorney this question?


He probably can’t afford it.

Why are you, of all people, asking why someone is asking a basic question on here?
Posted by liz18lsu
Naples, FL
Member since Feb 2009
17885 posts
Posted on 7/23/23 at 5:45 pm to
If she tries to claim the asset, she also owes the debt. The remainder (should she win, which she will) will be 50/50.
Posted by Wolfhound45
Member since Nov 2009
125346 posts
Posted on 7/23/23 at 5:50 pm to
quote:

She weighs probably 260.
What is her forty time? Does she have any eligibility left?
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