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Engagement Ring

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S

searching4answe

Junior Member
What is the name of your state (only U.S. law)? Texas

After my wife and I got married my wife asked me to pawn her engagement. My wife did not work and had no way of making the payments. I was paying on the ring until I marriage started to disolve at which point and time I decided to quit and let the ring go into default. Do I owe my wife the value of the ring when we get divorced?
 


A

Antigone*

Senior Member
searching4answe said:
What is the name of your state (only U.S. law)? Texas

After my wife and I got married my wife asked me to pawn her engagement. My wife did not work and had no way of making the payments. I was paying on the ring until I marriage started to disolve at which point and time I decided to quit and let the ring go into default. Do I owe my wife the value of the ring when we get divorced?
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Nope, what makes you think that?
 
S

searching4answe

Junior Member
She claims that a lawyer told her that she was entitled to the value since it was an engagement ring and I am the one asking for the divorce.
 
M

mistoffolees

Senior Member
searching4answe said:
She claims that a lawyer told her that she was entitled to the value since it was an engagement ring and I am the one asking for the divorce.
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That's not correct. You have to let her have it, but since it's not in your possession, that's her problem, not yours.

You will have to give her 1/2 of marital assets. If she chooses to use that money to buy the ring back, she's welcome to do so.
 
S

searching4answe

Junior Member
What if there are no martial assets, we life paycheck to paycheck, it is important to mention that my wife does not work, she refuses too.
 
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