Why can't he sell the timeshare? There are people out there that would be interested in it. Also, does he have written proof that he brought the money that is currently locked down into the marriage? If he has written proof of this, he may very well have a very good argument about who it belongs to regardless of it being put into a joint account. Was it an inheritance or something else? You don't have to go into specifics.
You are going to be okay no matter what happens. You will need to start shopping more wisely and if need be, once your son is off to college, if he goes away, you can rent out a room if it comes to that. There are so many things you can do to help yourself financially...you just have to breathe, step back and not allow fear to drive your bus. I know how you feel, I was bouncing all over the place when my xh left, but I had to put the brakes on the fear and start figuring out how I was going to make ends meet. My xh left me with $13,000 worth of debt and he refused to pay any of the joint debt that he helped incur. I cut corners, I worked a lot of overtime and I doubled up on payments whenever I could. It took me about a year to clear the debt and I'm glad that it is all behind me. Meanwhile, while I was trying to clear the credit card debit, my xh was out there attempting to use the joint cards, but I had reported them lost and had the balances placed on a new card so that I could ensure he didn't run them up on the old cards.
At some point, you need to sit down and make a list of your expenditures, take a look at what you actually use and don't use and begin cutting them down to only what you need once your son is off to college.
You have nothing to fear but fear itself. Trust me, once you kick fear to the curb, you will be just fine.
The timeshare is worthless - they always are but this is something my H wanted - he has always said he accepts that he was responsible for this.
You cannot even give these things away - it would have to be paid off and then hope you can find someone willing to take it for the cost of title changing. He is stuck paying regardless. He is just trying to find something to complain about.
I'm good with a budget - in 10yr we lived a great life with expensive vacas and still managed to sock a way over a quarter million. I will be fine unless he dumps the timeshare and the car on me... that will be difficult.
THE MONEY IS HIS.
My atty knows this but still states its marital money. If I release before we have an agreement in place I lose my leverage with retirement accounts. When we first married money was tight so we only contributed to his 401k due to the amount we could leverage and cost of the account. My atty wants everything locked down until we have a settlement in place.
H states he will not go after all my home equity because I owned the home before I married him... but my atty states legally he is entitled to his half of 100% of the equity. I only have his word he doesn't want it all but if it turns out I'm due more from his retirement than he feels is obliged he could change his mind.
When he left he voluntarily stated he would take the timeshare and give it to me when paid off and also pay of S18 car and sign it over to him when paid off.... NOW he is complaining on what he decided and dictated.
What else will he change his mind on???
I would just like to give him the money... but I'm paying my atty to be my legal rep and I need to take her advice. She stated once I release the funds and they are gone I may never see them again if I am awarded part due to settlement.
