Legal Question in Family Law in New Hampshire

I'm 46, married with two children 8 and 11 years old. My wife is 44 with 4 children from previous marriage ages 25,21,20 and 17. I bought a home as a single man in 1989. I met my wife and got married in 1998. I put my wife on the refinanced mortgage papers in case something happened to me she would get the house. We are both blue collar workers. She has spent my bank account. Made me refinance the mortgage 4 times to pay her bills. I had to cosign a home equity loan worth $25,000 for her two oldest boys legal troubles which she told me if I didn't help her the bill collectors were going to take the house. We still owe a balance of $22,500 on the home equity loan and a $155,000 on the mortgage. The house might be worth $140,000. I have a 401K and she doesn't. What can I expect the court to do if I filed for divorce?


Asked on 2/19/10, 6:45 am

1 Answer from Attorneys

Bruce L. Dorner Dorner Law Office

In my opinion the question is not what a court might do, but what can the two of you do together to solve the problem and come to a fair settlement by negotiation. The side of the equation missing is the income picture. Each of you made choices during the marriage. These choices have consequences which were not intended, but exisit.

The best advice I can give you is to meet with an attorney to perform a full financial review, a historical examination of the structure of your finances and spending patterns and look at which options might be worth exploring to achive a balanced settlement. Litigation in this type of case can be quite expensive and the results are always a risk.

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Answered on 2/24/10, 8:09 am


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