while waiting for this divorce to be final...and it now is....my bills have gone way behind. I have assets in escrow but because the judge didnt clarify the equitable division ....I am now looking at a later date to get my money...Is there any way to get a loan or something on this with a court order stating I own half of funds held in escrow?
2006-12-31 06:25:39 · 3 answers · asked by Mary B 1 in Business & Finance ➔ Credit
In CA you can't because you also owe half of the debts. You generally are not allowed to buy, sell or mortgage any mutually owned property, which is essentially what you asking to do, taking a loan on equatity. Your divorce lawyer can give you options, ie, you likelly need a court order to be allowed to touch the funds.
2006-12-31 06:59:06 · answer #1 · answered by Anonymous · 3⤊ 0⤋
You could try and should do anything and everything possible to protect your personal interests NOW. A woman takes the HARDEST hit in a divorce and its prejudice from lenders and etc., so be aware that alone, it will probably be an uphill battle for you. Fight and fight hard for what is yours. You ABSOLUTELY NEED IT NOW, before your name is damaged any further.
The "DIVORCE" word and being the "FEMALE" in the dissolved marriage is 2 automatic strikes against you already.
Act now to preserve your future ability to get on your feet from the "D" word and "F" word. If you wait you will be the ultimate loser and the ex goes on with a fairly normal lifestyle. Divorce for men is hardly ever more than a small speed bump on the highway of life. Divorce for the ladies is speed bumps, lots of chuck holes, and can be a road of complete reconstruction. I would venture to say that the majority fall into the complete reconstruction zone. Make your WISE CHOICE NOW. The clock is ticking fast.......Your ex may be hoping you will be or remain in a physiological fog until you are completely wiped out.
Divorce is an ugly thing, stay ALERT. Get what is yours NOW!
2007-01-01 04:33:31 · answer #2 · answered by HowFuzzyWuzee 6 · 0⤊ 0⤋
I don't see why not. You could probably obtain a short loan from your bank to see you through until the money if freed.
Try to get an appointment with the loan manager and bring your divorce paperwork with you.
2006-12-31 06:40:32 · answer #3 · answered by jbowler 3 · 0⤊ 0⤋