First I would like to thank you very much w/your information. This has been very hard on me. Also going on seventy four and it came down to choosing my family of fifty yrs. or my wife of almost three yrs.
Following are my last questions, I hope.
1.I receive three pensions, military, Principal, and Met-life. Her atty. is going after my pensions. I bring in approx. $2900 ea month and my wife brings in $1100. Her atty. said the gap is to wide between ea of our monthly income. Can she do this?
2.Both names on mortgage and the new leased CR-V Honda 2013. The mortgage balance is $64,000 and I have thirty payments left of $296 ea month for the Honda. On contract for Honda they show after 36 payments I will have paid $15,392. On latest statement they show a payoff of $25,160 after the May payment. Divorce was filed May 7 this yr. Knowing mortgage debt by both is $64,000 what would our debt be for the Honda per In. law. Then would not the combination of the two debts be divided by two to show each one responsibility? By the way I have always made both payment. Latest appraisal (May) on home is $77,000, was $90,000 when I purchased April 2010
3. Court statement of the ability of either one going back to work to make up whatever the court orders additional income to the other.
4.Is her IRA $125,000 consider part of assets?
Thank you and good night(just kidding)