Have you almost gone broke from a divorce?

[Mr. Piggy]

Sure you did, your self respect. Never minimize that!

I've been there as well and have watched my ex fall hard over the last decade to the point of now being a welfare recipient. Through it all she has never spent a moment trying to better herself. Fortunately I rarely have to speak with her now. She took a lot from me but I've managed to build it all back and then some.

That goes to show ya, what goes around, comes around, and I'm a firm believer in that. I might not be you that brings it but it does bring a smile to your face when you find out the ex falls.
I got screwed in a divorce too. The lawyer only got about $9000 from me instead of the 30 to 50g's I was quoted it could cost. I just said give the bitch what she wants so I can get rid of that usless piece of trash.
Took me just over 2 years to recover and I'm doing much better now than I ever was.

 

[VinnyBuff]

Basically getting married is a huge gamble.

If you get married and your marriage is successful, studies have shown that you'll be happier overall and live a longer life than if you were single. It will be the best thing you could possibly do for yourself.

On the other hand, if you get married and then get a divorce, studies have shown that you're obviously much less happier and will have a much shorter lifespan than if you were single and never got married in the first place.

 

[spitze]

Been there Done that....

She left me with 60K in debt...took car, Pension, bla bla bla

I had to file for bankruptcy..I reached the point where I didn't have where to live, I used to have 3 jobs but 4 years later I'm doing way better than before.....Now I finally reached my dream job ; during my marriage I wasn't able to go for it until now....I opened my own biz and I'm happy as a clam.

I was un-datable for 2 years I was really busy trying to keep my act together and avoiding to sink....

 

[pickle17]

I have absolutely NO RESPECT for a man that doesn't own up and take responsibility for his children! That really burns me up!

Would give my ex-wife 600 a month for my son, yet the poor kid was always dressed in second hand clothing, and Club Z shit. She however required designer labels as she worked as an executive. Finally got pissed and quit my job to work under the table. I was then able to buy my boy the Elements and DC stuff his friends had. It was amazing that after I started paying her less and buying my boy more, she finally could do the same. 9 years and still digging lol.

 

[Music_Box]

-
My co-worker has spent about $75,000 in a divorce and the fiasco is still going, he also has to pay his cheating b*tch ex-wife alimony, she kept the house and her lover is living with her in the house (which my co-worker bought).

Canadian law sucks.

 

[james t kirk]

Are the scourge of our society! Lower on the hierarchy of life than slugs and used condoms IMHO... got NO use for them what-so-ever!

The only thing worse than a lawyer, is a lawyer that has morphed into a politician!

Actually, a good lawyer is worth his weight in gold if he saves your ass.

I would say your post pertains to Investment Bankers, not lawyers. Lawyers do work and do pay taxes for the most part.

 

[james t kirk]

People must be smarter when it comes to marriage.

A prenuptial agreement puts everything in place so no one gets screwed over and everything is out in the open.

Why should my ex have half of everything that I own?

If there are no children in the picture, then it is quite straightforward.

I don't know how anyone could possibly lose so much money in a divorce with no children involved. I think that the agreements should be altered when children come into the picture. Tthey should not be the ones hurt because you did not get along with your partner.

Regardless, I am number one in my life and I must take care of my own business first. It is not a selfish act, just a smart one. I would always take care of my loved ones if it ever came to that.

I agree, however, I have learned that the exception is the "marital home"

I currently own my own home. If my GF and I get married, she automatically owns half. Pre nup or not, she owns half, that's the law and you can't have a contract that goes against the law.

Hence, I am not getting married any time soon.

You can live together, she doesn't own half, but the second you get married, she owns half.

As far as I am concerned, that's bullshit. I'm all for leaving with what you came in with, including the house if it's yours before hand.

 

[pickle17]

I agree, however, I have learned that the exception is the "marital home"

I currently own my own home. If my GF and I get married, she automatically owns half. Pre nup or not, she owns half, that's the law and you can't have a contract that goes against the law.

Hence, I am not getting married any time soon.

You can live together, she doesn't own half, but the second you get married, she owns half.

As far as I am concerned, that's bullshit. I'm all for leaving with what you came in with, including the house if it's yours before hand.

She still gets half, it's called common law and it sucks.

 

[james t kirk]

She still gets half, it's called common law and it sucks.

Nope, she doesn't get half if you owned the house before you lived together. She (or he) only gets half of whatever you buy while you're if you jointly purchase it. Very different than a marriage.

http://www.attorneygeneral.jus.gov.on.ca/english/family/familyla.pdf

 

[pickle17]

Wow I thought they had the same rights. Always skipped past the front to child issues. Thanks. Still like to have my shit the way I like it lol.

 

[canucklehead]

Have a prenuptial like mine.

What is mine is mine.

What is hers is mine.

Yes, that is the document that saved my butt.

My head rules the heart and the one eyed snake!!!!

Prenups in Canada only cover what u had going into the marriage not what comes after.......

 

[james t kirk]

Wow I thought they had the same rights. Always skipped past the front to child issues. Thanks. Still like to have my shit the way I like it lol.

Here's a better source of info.

Property
Property includes everything you own. This includes your:
• home, cottage, and other real estate,
• car and other vehicles,
• personal items, such as clothing, jewellery, books, and CDs,
• household items, such as furniture, appliances, electronic equipment, and art, 8
•
• •
financial assets, such as bank accounts, RRSPs and other investments, insurance policies, and pension benefits,
businesses, and
debts.
Since family law in Ontario was first changed to give some recognition to common-law relationships, there has been confusion about what this change means for property rights. Some people think that by living together as a couple they have a legal right to claim a share of each other’s property. This is not true. Only legally married couples automatically share the value of their property when they separate.
Living in a common-law relationship does not automatically give you a right to a share of your spouse’s property.
In a common-law relationship, the property that you bring into the relationship normally continues to belong to you alone. If you and your spouse separate, there is no automatic right to divide it or share its value. Anything you buy for yourself with your own money during the relationship and hold in your name usually
9
belongs only to you. But things that you and your spouse buy together during the relationship belong to you jointly. If you separate, these things, or their value, will be divided.
If there is any disagreement about who owns something, you may have to go to court to have a judge decide. You should keep receipts, registrations, and other proof of ownership in case they are needed.
The general rule is that each common-law spouse owns what he or she brings into the relationship. But there are two exceptions:
• contributions, and
• written agreements.

Link:

http://www.cleo.on.ca/english/pub/onpub/PDF/family/livtogethr.pdf

Unless you want to have kids, you have to be out of your mind to get married. It's only asking for grief.

Even if you live together, I'd want a cohabitation agreement just to ensure that everything is clear.

If she (or he) kicks up a fuss, then you know where their motives lay.

 

[Doctor Zoidburg]

I met a lady firefighter that was between mariages. She had diveroced her fire fighter husband and it cost them a bundle. Thats when I met her and got into her rubber pants, no not her Nomex fire fighers rubber pants, her shiney purple latex crotchless ruber pants she bought at the sex shop. Then after 18 months of pumping her young tight firefighter ass, she tell me she was cheating on me with her husband! Now she is going to marry him for a second time! Ohh well!, I guess this was the cheapest way to poke her orifices.

 

[wangbang]

Divorces are expensive because they are worth it.

 

[faveone]

bottom line... be prepared to lose 3/4 of your net worth if you are going to go down the divorce path. You do have 2 choices, you can live in misery (maybe pickup a hobby to keep life interesting?!) or you can divorce her and live in poverty !

One point to note.. just because you paid her off now, doesn't mean she can't come back in the future for more. I have a friend who divorced his wife and then 5 years later she took him to court again asking for more because his financial position improved greatly. Believe it or not, she got more. So please don't think it's all final once you have signed the papers and written her the cheque.

 

[toughb]

Prenups in Canada only cover what u had going into the marriage not what comes after.......

**********

Well my friend this one sure as hell worked. I have the assets to prove it. Maybe she needed better legal advice...