What is the name of your state?What is the name of your state?NJ
Hope someone can help...it states in my divorce agreement that "as part of the wife's equitable distribution, wife will be paid a one lump sum within 60 days. If husband makes this payment then he does not have to pay alimony. In the event husband is unable to secure funding to make the one lump sum payment, then he is to pay the alimony stated. Well,first off, the 60 days are now up, he is paying me alimony (which would be deducted from the one lump sum thus far) however, he did not even attempt "to secure funding", which I know he would have no problem doing. I recently found out that he is now "securing funding" of a home equity loan to reconstruct a house he owns prior to marriage. My question is...am I entitled to that "secured funding" first before he makes any type of repairs??? The reason I signed the divorce in the first place was because I knew he would have no problem getting the loan. P.S. the alimony payments over the time he will have to pay are almost twice the amount of the one lump sum.
Hope someone can help...it states in my divorce agreement that "as part of the wife's equitable distribution, wife will be paid a one lump sum within 60 days. If husband makes this payment then he does not have to pay alimony. In the event husband is unable to secure funding to make the one lump sum payment, then he is to pay the alimony stated. Well,first off, the 60 days are now up, he is paying me alimony (which would be deducted from the one lump sum thus far) however, he did not even attempt "to secure funding", which I know he would have no problem doing. I recently found out that he is now "securing funding" of a home equity loan to reconstruct a house he owns prior to marriage. My question is...am I entitled to that "secured funding" first before he makes any type of repairs??? The reason I signed the divorce in the first place was because I knew he would have no problem getting the loan. P.S. the alimony payments over the time he will have to pay are almost twice the amount of the one lump sum.