Closing bank account

LaFlameBlancaa · 2024-07-12T18:40:59+00:00

Personally, I would take the funds in the account out and move them to an account under your name and let that money sit there until the divorce is finalized. Once it is determined how the assets will be divided.

If you can use the money to pay any marital debt this would be acceptable. From my knowledge the money in the account if acquired during the marriage is a Marital asset in which both parties are entitled to an equal share.

Honestly, how much are we talking about? A few thousand or tens of thousands?

Don’t spend it on the other hand I’m saying take it out so your partner can’t spend it and then somehow claim to have spent it on something necessary.

Personal_Falcon2081 · 2024-07-10T13:54:28+00:00

I wasn't allowed to close our joint account without her because her name was on it, but I was allowed to drain it and open a new one without her name on it. It didn't necessarily look good but it didn't hurt me either. Judge just ordered that the funds be held in trust until judgement. Kept my ex from stealing it.

captainchippsixx · 2024-07-09T22:11:24+00:00

Just drain it.

HerbEverstanks · 2024-07-09T14:56:23+00:00

It took my x almost 4 years since the final order took over 3 and a half years, to close a joint account. It had $17 in it. Because you don't have to follow orders. Because you don't have to cooperate.

Kenuven · 2024-07-09T14:32:11+00:00

You don't have to close the account. Just get your name taken off it after you remove your money.

LonelyNC123 · 2024-07-09T14:31:22+00:00

If it is a joint account sometimes they require both parties to sign for the account closure.

You can take money out but you probably can't close it.

Two weeks ago I opened a new account for direct deposit of my paycheck. ONLY my name is on that account.

I know it is impossible to hide assets during divorce, for me this was symbolic. We have had a joint account for over 20 years, this was a big deal for me.

Exactly65536 · 2024-07-09T12:53:10+00:00

Take out your half, write her a message to take out her half, close the account. Or leave it open with just her half; the important step is to make sure your money are out of her reach, especially if it's a significant part of what you have.

Whether she has a boyfriend, a pony or a change of heart is mostly irrelevant, unless your country's law considers such factors.

pieperson5571 · 2024-07-09T10:45:00+00:00

A week ago.

Updateme.

Timely_Froyo1384 · 2024-07-09T09:14:44+00:00

Go file online, there is no reason to stay a war and make lawyers rich.

If she is broke too she can’t afford a war either.

Disastrous_Rope_5656 · 2024-07-09T02:19:17+00:00

Get your money out of the communal account NOW! Leave a reasonable amount, 8k is usually enough, less if you don't have much in the account, she will get half the money, but not until it's court ordered and you can pay bills and legal fees until then, trust me I am living this nightmare, she drained the account 7 months ago and courts have yet to force her to return a single dollar, if she spends or hides the money you will never get it back in cash, only balance of items during the divorce, get a lawyer now!

yosemitesam00 · 2024-07-09T02:16:46+00:00

Any debt is communal debt. Communal money can be used to pay off communal debt. Just say'n...

AirSailer · 2024-07-09T02:04:11+00:00

How much are we talking here? If it's less than $10k then use it for your attorney's retainer. If it's more then use part of it for your attorney's retainer, take a trip to your nearest casino, pull the rest out from an ATM at the casino, then give it to a friend you trust or bury it in the middle of nowhere (grab those GPS coordinates). Tell her you gambled it away.

Flashy-Excitement247 · 2024-07-09T01:43:31+00:00

If you are planning to file for divorce, depending on your jurisdiction, those funds will likely be considered communal (marital) property, subject to equal division. If lawyers get involved, there will be disclosure and she will find out and you might be accused of hiding funds. Not a good look. If instead you cash it out now and use all of it to buy really expensive Scotch, I'm not sure there's much anyone can do at that point. But I'm not a lawyer, so I'm not entirely sure. I've read a lot of posts here where discovery was brutal, and there's no hiding.

UseResponsible4368 · 2024-07-09T01:39:44+00:00

"Monkey Branching". A monkey never drops the grip of the first branch/vine, without having a firm grip on the next one.

That's why "I can't believe she found a new BF so fast" is usually "She prepped everything and something was going before she said a word about leaving."

Many guys falsely take it as "She's so wonderful she got a new BF so fast." when that's not at all what really happened.

fffrdcrrf · 2024-07-09T01:48:09+00:00

It’s weird because Im emotionally explosive, I’ve been going through breakdowns and isolation. She says we need to talk and then ghost me, i asked her “what are we” she replies “thats hard to know” I told her this is hard on me and she proceeds to list off everything wrong with me. Now I find out she has a boyfriend and id assume they’re probably physical together. So I’m now in full on damage control trying to figure out an exit. She still has so much stuff at my place, and just using me as free storage space at this point

Title	Closing bank account
Author	fffrdcrrf
Upvotes	4
Comments	39
Date	July 9, 2024 1:33 AM UTC (2 years ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/1dyq7a2/closing_bank_account/
Archive Link	https://theredarchive.com/r/Divorce_Men/closing-bank-account.1523701 https://theredarchive.com/post/1523701

Comments