Hiding money, assets many years after divorce?

[foolsgoldParticipant 5896]

I’ve been divorced for quite some time. During those 9 years, I’ve been able to accumulate a pretty decent bankroll considering I pay a lot in child support. Enough to buy a house for cash. The ex has never brought me back to court. I still live in the same apartment so I don’t think she has a clue. If I ever showed any sign of doing well, I believe I would be back in family court faster than my head could spin. I want to get a different place but I don’t feel I can because she would find out and off to court we go. I don’t know of anybody personally that has to do this. What I am really wondering about is how common is this situation? I have to play this charade for 7 more years.  I can’t upgrade my vehicle to far either. Again, off to court we would go.

There are upsides to it. There is always plenty of cash around. When it looks like you have less, very few women approach. Nobody asks you for money. I can spend how I please but can’t buy the house or car I want because of the current situation. What’s really f~~~ed up is that the money is there but I can’t spend it. I’m sure there has been a thread on this because I have not been a member very long. I’m just wondering how many of us are in the same boat when it comes to this. Thank you fellow members for listening to me whine.

 

[ILiveAgainParticipant]

Wait your time out my friend. The system is banking on you f~~~ing up.

They have a lot of people that want your money.

Just google ‘divorce forensic accountants’

Let the clock run out and then go party ……  you MUST invite me 😀

[Crazy CanuckMember 4215]

Patience my friend. It’s good to save money and not spending because in your retirement years you will need it.

I’m single and I don’t spend that much money. I have a good chunk of money however nobody would know it. 😛

"If pussy was a stock it would be plummeting right now because you've flooded the market with it. You're giving it away too easy." - Dave Chapelle

[RedHeadedStrangerParticipant 204]

You and I are in the exact same boat.  Stay the course.

[experiencedParticipant]

Wait it out.

Although {{DON”T FOLLOW THIS}} I’ve heard too many times that second wives go absolute crazy at the first wife if she tries to come back for more money. The reason is it’s THEIR money now not yours, like marrying Delphine Lalaurie so she’ll fight off Irma Grese etc.

Hang in there!

Blue Pill Irma Grese:

Red Pill Irma:

"It seems like there's times a body gets struck down so low, there ain't a power on earth that can ever bring him up again. Seems like something inside dies so he don't even want to get up again. But he does."

[RoyDalParticipant]

foolsgold wrote:

If I ever showed any sign of doing well, I believe I would be back in family court faster than my head could spin.

You believe rightly. I have seen it happen.

Society asks MGTOWs: Why are you not making more tax-slaves?

[MOWsince95Participant 1446]

My older brother went thru exactly this. When his psycho wife took off with the kids, they were 2 (boy) and 5 (girl), so he was on the child support hook for 16 years to come (judges were less dickheaded with alimony back then). The other divorce conditions were draconian, though. You have to maintain the illusion of poverty till the kids are grown, unfortunately.

He did remarry and did buy a modest house, but he told his ex his new wife didn’t work (she filed separately and didn’t change her name to keep her income out of the ex’s sight). He also said the house was rented and they were barely making ends, drove a old beater till both kids were 18, and they furnished the house very sparingly. His income more than quadrupled over the first 6 years after that divorce (add to that the new wife’s income), but the stupid ex-bitch was none the wiser, and although the divorce conditions confined my brother to living in southern Cal, the ex-bitch up and moved with the kids to Kansas where she has remarried and divorced 4 times since (and gained 200 pounds), so maintaining the illusion of being financially strapped was easier on my brother. Ex rarely let the kids visit either – the brother just had to pay and pay – so that lightened the potential of being discovered. Ex would also often move, never provide a new address, and then file papers against him for non-payment … fortunately my brother kept copies of everything, including the returned-undeliverable/not-at-this-address letters, but he still had to prove himself in court I think 5 times till the kids were of age. The bulk of this went down just over 20 years ago so records were less readily available too, plus his dopey ex is dumber than dirt. Near the end, he did break down and buy a very nice car, but when he learned the ex was in town on a visit he parked it at my place for a month and left his 20 year old beater in his open garage. You got to do all this s~~~ and more, these days.

The kids never much saw either their father or hardly a dime of the money sent, and grew up to mostly hate their father and think he was a deadbeat (not at all the case). He did finally get a chance to prove to the kids that he was not a loser, and the son believes him and is a good kid (disowned his mother), but the daughter just tries to bleed the old man (like her mama). My brother and his new wife (she is actually one of the few NAWALTs, I think) are now living it up and are loaded, but they know for a fact that would not be the case if they broke the deception. It’s imperative that you stick it thru, because the courts these days will f~~~ you from here to the moon for being a decent male human being and denying your ex-bitch the large chunk of your productivity to which she is so richly entitled and deserving. Yeah that sucks.

If you are MGTOW when you are young you have no heart.
If you're not MGTOW when you are 20 you have no brain.

[avillaxParticipant 280]

Why don’t you buy a house in a Mexican beach already starting to plan your retirement? Just keep it secret.

[foolsgoldParticipant 5896]

I figured this was the place to ask such questions. I will wait it out for the simple reason that every response in this forum said so.  I can’t breathe a word about this to anybody about this situation other than here. I currently drive a vehicle that’s 12 years old with 170,000 miles on it. My next upgrade will be a 10 year old vehicle with 150,ooo miles on it. What sucks is I could buy any damn car on the lot. I will contact all 3 of the real estate brokers I’ve been talking to and tell them I am no longer interested in any of their properties they are trying to sell me. I will continue renting and not generate any assets. It’s sobering to see that other’s are in the same garbage situation. It will be interesting to see the reaction of the real estate brokers when I tell them on Monday. Family Court is the only place that can f~~~ us like this and get away with it. SCARY.

 

[treelville..miamiParticipant 893]

Lay low and wait it out as long as you can, I’ve saved a load of cash myself being a mghow, it’s amazing how much money can pile up without women and their bulls~~~.

"The wounds of honor are self inflicted"

[SteveParticipant 462]

I was speaking to an ex cop mate just this morning about hiding money before a divorce.

He said one of his also ex cop mates got away with taking £40,000 out of the bank in cash, drove his car to a spot without CCTV and reported the money missing to the police. Somebody got into his car and just took it the c~~~s. Of course the money was hidden at his mothers place but it couldn’t be proven and written off when listing assets.

Dont’ take my word without researching it just incase ex cop was just on one.

Be good to hear of other ways to hide money and assets from the experienced guys.

I have a house that I paid off well before my wife met me – that is safe right? It’s just the money I make from when we started  living together?

 

[BeerParticipant 11833]

Well look at the bright side…when your prison sentence is up in 7 more years…that’s 7 more years of saving and compound interest.  Maybe you can’t buy a nice car or a house right now…but in the long run the extra savings/interest might mean financial independence and an early retirement are on the horizon.

[RedHeadedStrangerParticipant 204]

Contact the gents at tdvoffshore.com.  They will help you line it all out.

[foolsgoldParticipant 5896]

I will do that, RH stranger. It’s funny how it goes from “Daaaaamnnn, that chick needs to sit on my face” to damn, she needs to GTFU of my life. They go from an extremely hot chick to a downright bitch. Holy s~~~!!!

[BigDParticipant 3025]

Brother, you need edit this post to start with the following, “Let’s just say, you know a hypothetical situation, I have been able to put away some cash…”

Don't stick your dick into anyone you aren't willing to put up with for eighteen years and nine months.

[QcummerParticipant 652]

What state are located?

[foolsgoldParticipant 5896]

Minnesota. Twins, vikes, and wild fan. You get used to losing after a while.

[kizellParticipant 368]

This is the absolute greatest thread illustrating why you should never combine man’s 2 most toxic decisions…..Marriage and children.

If you want kids, damn sure stay out of marriage.

[sidecarParticipant 35874]

foolsgold wrote:

What’s really f~~~ed up is that the money is there but I can’t spend it. I’m sure there has been a thread on this because I have not been a member very long.

Consider it a nice, fat retirement account for now, except what you’ll be retiring from is child support. In the meantime use the seven years ahead of you to accumulate dividends and thoroughly scope out the local real estate market so that when you “retire” you can make the most of your accumulated assets.

Of course the housing bubble might start to re-inflate hard where you are before your seven years are up (especially if people start dumping inflated dollars for hard assets like real estate), but there are still ways of taking advantage of low housing prices without exposing yourself to your greedy ex’s scrutiny too much. Instead of paying cash on a house like you want to do, you buy a modest house on a mortgage with a large monthly payment, most of which is principle, and possibly a large balloon payment that comes due after your seven years are up. You use your hidden savings to make monthly payments on that. I’m not a big fan of mortgages in general, but the kind of mortgage where you never need to worry about making the payments is the best kind to have (though you might want to make a few late payments just to maintain the illusion of barely getting by). You do lose some of your savings in interest, but if you keep the interest portion of each payment to a minimum the interest should be mostly offset by your increased equity in a rising housing market. Your rising equity also insulates you from the increased housing prices when you flip and move up to the house you really want after seven years. Do it right and your greedy ex will only find a lot of debt attached to your name if she ever goes looking.

I hope this helps.

Steve wrote:

I have a house that I paid off well before my wife met me – that is safe right?

Only if the judge is VERY lenient.

The judge will not be lenient.

As soon as you sign on the dotted line it becomes community property, which means her property. Even if the judge awards you half he could grant possession to her and order you to loan her your half payable back to you at zero interest whenever she feels like it (read: never). Why? “For the sake of the children.” Meanwhile you still have to sign over a fat alimony and child support check every month.

NEVER sign on the dotted line.

[chirParticipant]

Be aware that the government is her advocate in getting more money.  They will track every penny you make and report it to the courts.  I see this often at work where garnishments occur before the poor guy even sees his check.   Many of these guys will work off the books for cash only.  Thats the only way they can make a dime. Its all about squeezing your wallet for every red cent.

Given that the government is looking to abolish cash so everything is tracked and taxed.  Things will only get worse for guys and easier for women.

http://wolfstreet.com/2015/04/25/don-quijones-war-on-cash-quotes-to-cashless-society/

It is by caffeine alone I set my mind in motion, it is by the beans of Java that thoughts acquire speed, the hands acquire shaking, the shaking becomes a warning; it is by caffeine alone I set my mind in motion.

[Author]

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