What happens if you buy a car during a divorce?
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What happens if you buy a car during a divorce?
So, while you technically can go out and buy a new car or better used car in the middle of the divorce, if there is any equity in that vehicle, your spouse will have a 50% claim to the equity value of the car. You also cannot impair the other parties’ credit in the middle of the divorce.
How do I protect my bank account from a Judgement?
The most effective way to protect a bank account from judgment following a lawsuit is setting up and placing your account into a trust.Obtain a sample or standard form for an irrevocable spendthrift trust. Designate a person to serve as your trustee. List yourself as the beneficiary of the trust.
How can I find out if my husband is hiding money?
Investigate credit card payments A careful analysis of bank statements also can reveal red flags that your spouse is hiding money. Look for wire transfers or electronic payments to accounts you don’t recognize. Also check credit card statements to see where the payments are coming from.
