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Post by mypaintbrushes on Mar 22, 2019 17:59:20 GMT -5
My STBX are both dating (he says I’m having better luck than him; I’ve been on about 20 dates). However, should I hold off on going out more until I am able to get him to move out, which he plans to do just after the school year is out?
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Post by mypaintbrushes on Mar 22, 2019 18:32:34 GMT -5
For clarity, the divorce should be final in July... we seem to agree on the finances and the custody. Only hold up is me refinancing our house into my name (he wants his half of the equity before he moves out). I’m thinking of taking a 401k loan to speed the process along...
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Post by baza on Mar 22, 2019 18:51:09 GMT -5
I'd be very much guided by what your lawyer advised Sister mypaintbrushes . |
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Post by mypaintbrushes on Mar 22, 2019 18:53:33 GMT -5
I'd be very much guided by what your lawyer advised Sister mypaintbrushes . California is a no-fault state. Also doesn’t matter who lives where; we both have a stake in the house until buy-out. |
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Post by northstarmom on Mar 22, 2019 19:26:31 GMT -5
Mypaintbrushes said: “I’m thinking of taking a 401k loan to speed the process along...”
Check with your financial advisor to see if that would be wise financially.
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Post by DryCreek on Mar 22, 2019 20:54:17 GMT -5
I’m thinking of taking a 401k loan to speed the process along... There may be borrowing limits that apply, but if it’s the most convenient vehicle I’d say use it and then repay it if a better but slower refinancing option is available. Of course, whatever you borrow isn’t available in your 401(k) for market investments, and that could be a good or bad thing depending on your rate of return. If the plan is to use that money to payout his interest prior to refinancing, of course work with your attorney to get him officially released from the title. A “quit claim” may be all that’s needed. |
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Post by jim44444 on Mar 30, 2019 12:25:59 GMT -5
Given your H's history of financial gamesmanship you should have all financial transactions with him documented and approved by your lawyer. Imagine taking out a 401K loan to buyout his half of the house and then he drags his feet wanting more. Do you trust him to not try to screw you over one more time?
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Post by mypaintbrushes on Mar 31, 2019 1:01:48 GMT -5
Given your H's history of financial gamesmanship you should have all financial transactions with him documented and approved by your lawyer. Imagine taking out a 401K loan to buyout his half of the house and then he drags his feet wanting more. Do you trust him to not try to screw you over one more time? Problem solved (sorta). Talked to my lawyer on Thursday and we have financials to do and to meet with a mediator, of which she recommended four. Judge decides... |
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