Legal Question in Family Law in California

Ex and I own yacht, new $500k, we paid $300k. Registered in her name for better interest rate on loan of $70K. Listed at brokers for $275 in 2007 per stip and split proceeds 50/50. Dropped price to $225k in 2009. Aug 09 she filed motion to force me to accept $145,000. Judge denied order shortening time, set for 2 hr hearing. She then sold boat, dropped motion. Do I have recourse? I could have bought it for $145k


Asked on 6/18/10, 9:26 am

2 Answers from Attorneys

Hello thank you for your question.

Yes you do have recourse. There are automatic temporary restraining orders on the back of the divorce petition that forbids anyone from selling or transferring title of anything during the divorce. You can bring her back on contempt and have you awarded all of the money.

I would work fast so you can still get a hold of that money.

Regards,

AttorneyKaren

Read more
Answered on 6/19/10, 10:57 am

Ms. Miller may or may not be correct. Your question is totally ambiguous as to what stage your divorce is in and why you are selling the yacht, whether it is persuant to any order, and why she needed to get permission to force you to accept $145K at all. Without that information, Ms. Miller's answer is unreliable.

Read more
Answered on 6/21/10, 12:39 pm


Related Questions & Answers

More Family Law, Divorce, Child Custody and Adoption questions and answers in California