What is the name of your state? IL
Hi.
I have filed for an annulment after a five week marriage. I'm not sure if I will be successful. If not I will try to get a divorce. I am being sued for her legal costs, maintenance, fictitious costs, uncovered medical bills etc, so my question is as follows.
My assets include about $40k in a 401k plan that existed prior to our marriage and about $20k in equity that I have in a condo that I bought before we got married most of which would be diluted via realtors commissions, fix up costs and a falling market if I was to sell. My savings have already been spent on my legal fees incurred and what will be incurred going forward. On D Day if the Judge gives a court order awarding her $20k or $30k or $40k or whatever it will be how would that be handled. Would I be expected to borrow from a bank to pay her or would they send the Sheriff out to take possession of my Condo? How does it work, what if I was to loose my job and couldn't get a loan from the bank to pay for her court awards, could the court put me on a payment plan over ten years? Thanks.
Hi.
I have filed for an annulment after a five week marriage. I'm not sure if I will be successful. If not I will try to get a divorce. I am being sued for her legal costs, maintenance, fictitious costs, uncovered medical bills etc, so my question is as follows.
My assets include about $40k in a 401k plan that existed prior to our marriage and about $20k in equity that I have in a condo that I bought before we got married most of which would be diluted via realtors commissions, fix up costs and a falling market if I was to sell. My savings have already been spent on my legal fees incurred and what will be incurred going forward. On D Day if the Judge gives a court order awarding her $20k or $30k or $40k or whatever it will be how would that be handled. Would I be expected to borrow from a bank to pay her or would they send the Sheriff out to take possession of my Condo? How does it work, what if I was to loose my job and couldn't get a loan from the bank to pay for her court awards, could the court put me on a payment plan over ten years? Thanks.