Good afternoon,
Quick question. 3.5 years ago upon separation, my ex-husband left the family home without a cents worth of debt, owned his own car, and had a mid-level, $60k per year management role. Since he left he has managed to accumulate about 5 or 6 loans including credit cards, short term high interest loans, a home loan and a personal loan. All this whilst moving to an employ in the mines on a $120k job about 18 months ago. Of course, now we are going to court for final orders (property) to be decided (I had to go court versus mediation as he threatened to file for bankruptcy) and he has no savings or equity of any kind (other than a car and a house that's value is the same as the mortgage) and in the three years I have managed to overpay my mortgage and car loan so that they both have considerable equity.
Is there anything I can show that I can done the 'right' thing in the years post separation (with two children, mind you) and he has merely 'squandered' away all funds and potential savings?
Quick question. 3.5 years ago upon separation, my ex-husband left the family home without a cents worth of debt, owned his own car, and had a mid-level, $60k per year management role. Since he left he has managed to accumulate about 5 or 6 loans including credit cards, short term high interest loans, a home loan and a personal loan. All this whilst moving to an employ in the mines on a $120k job about 18 months ago. Of course, now we are going to court for final orders (property) to be decided (I had to go court versus mediation as he threatened to file for bankruptcy) and he has no savings or equity of any kind (other than a car and a house that's value is the same as the mortgage) and in the three years I have managed to overpay my mortgage and car loan so that they both have considerable equity.
Is there anything I can show that I can done the 'right' thing in the years post separation (with two children, mind you) and he has merely 'squandered' away all funds and potential savings?