Hi guys, thanks for popping in with some good advice.
I'm really down today in relation to some new financial info that I just found out.
As you know, my H and I are struggling to cover the mortgage, credit card and school fee debts that we have. They are pretty much crippling. I have had to borrow money from my parents and inlaws to get by.
Today I discovered that in the last few months, H has overdrawn massively on all the credit cards in his name. He is spending like there's no tomorrow - literally!
And what is he spending on? - high-price restaurant meals, expensive chocolates, bottles of champagne (not to mention flights interstate and hotel accommodation).
It is sheer madness. I suspect that he has actually lost touch with reality- not just in an MLC way. But then it occurred to me that he might be trying to go bankrupt. Just before he files for D - as a strategy to avoid having to pay half of any of our shared debt.
I'm really at a loss as to how to deal with his spending. In a sense, it's none of my business - we are separated. BUT, we have such large outstanding debts that are incurring interest rates above 20%.
Perhaps this is still just what mlc creates and nothing more (i.e. not a clinical condition, not a cold-blooded attempt to void paying in the longer term).
So very confused and unsure.
Just saw this post after I responded to your other one. This ^^^^^ is why I've been encouraging you to get to your attorney NOW to get a financial agreement in order. Giving 2x4s is not my typical nature, but in my opinion, he's going to spend your money, your kids' money, your parents' money and his parents' money until there is NOTHING left! You need to stop him NOW with the assistance of the court. Let him spend ow's money on that crazy, unrealistic lifestyle they are living. As I used to have to say with regard to my husband and his ow..,you may be taking her to the Four Seasons with money like it grows on trees now, but real life isn't the Four Seasons. Real life is a mortgage (or 2), cars, food on the table, bills, education, etc.
You are a very smart woman, NLW. Please do make the most stupid mistake of your life and let him continue to break you. Again, just because you set a legally binding financial agreement does note mean you cannot one day reconcile. It just means you are taking care of your kids and you now.
