Tennessee
I have three of what I hope are simple questions.
I filled for divorce on 08-13-05. There was a car, in my name, valued at roughly what was still owed on it. The car was totalled a few months after filling and we recieved a small refund check that was spilt equally among us.
1.)Is this now a non-issue in regards to the setlement. Not a liabality or an asset.
2.)My wife went out and purchased a new car, I assume this is also a non factor in the final settlement becasue it was purchased well after we had begun living seperatly.
3.) I own a motercycle worth roughly $4000. At the time of filling There was $3300 still owed, leaving a net $700 value. Now over 1 year later (while living seperatly from my wife, long after I filled), I have completed my loan obligation. Is it still considerd a $700 asset that should be split equally as opossed to a $4000 asset to be split equally?
I have three of what I hope are simple questions.
I filled for divorce on 08-13-05. There was a car, in my name, valued at roughly what was still owed on it. The car was totalled a few months after filling and we recieved a small refund check that was spilt equally among us.
1.)Is this now a non-issue in regards to the setlement. Not a liabality or an asset.
2.)My wife went out and purchased a new car, I assume this is also a non factor in the final settlement becasue it was purchased well after we had begun living seperatly.
3.) I own a motercycle worth roughly $4000. At the time of filling There was $3300 still owed, leaving a net $700 value. Now over 1 year later (while living seperatly from my wife, long after I filled), I have completed my loan obligation. Is it still considerd a $700 asset that should be split equally as opossed to a $4000 asset to be split equally?
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