Bullet
(Silver)
06/26/07 11:07 PM
68.188.0.38
Re: More ??'s about support, alimony, and disability..

I'll throw out first that DW had a bankruptcy maybe a year before we got married. Will explain why many things are just financed under me.

House was purchased by me over 2 years before getting married (I had thought previously it was just a year), with my father cosigning and inputting $15,000 into the deal with my agreement to pay him back with monthly payments. It was a new construction house in a new subdivision, but I got it at a pretty good price because the builder was wanting to move it. Two story house for about $117,000 minus the $15,000 from my dad. Equity loan taken out after marriage currently has about $14,800 debt on it. House has a market value of roughly $180,000 I would estimate, based on the info at the time of the equity loan and comparison of other houses in the neighborhood. Has about $98,000 left on the princ plus the equity loan, plus what I owe my dad, which is still about $10,000.

Two cars, both under my name on the loan only. One is 3 years old with 2 years and about $11,000 left to pay on it. Other is less than a year old with over 4 years left to pay on it at about the same $11,000 left to pay. Both are in very good condition.

Credit cards probably have around $15,000 total debt on them, much related to her expenses, but also various other expenses as well. Majority of it is on card listed with my name only on it.

Everything else would be variable. Have a decent bedroom set in our room, but rest of our furniture is only decent to tolerable. Two old TV's and one digital TV that is not very big. Decent computer that is a couple years old. Washer/dryer, microwave, fridge...round out the higher value stuff. Everything else would just start whittling down the various crap we have. We don't have much of anything of any major value. Just assorted and various things laying around. Nothing I couldn't live without or would mind still having, either way.

We both have 401k accounts, hers at her previous work before disability, mine at my current work, both are about the same amount and not much at roughly $4,000 or so.

Bank accounts will be slimmed down in the next day or two as I drain one to pay for property taxes. After that, mere crumbs left. Total left of all combined might be a few thousand at best.

Hopefully, that covers what you were looking for...



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