What can a spouse do if a husband or wife tries to dissipate and hide assets prior to or after the filing of divorce?
A very common problem in many cases is that after the complaint for divorce is filed, then one spouse attempts to dissipate and hide valuable marital assets. In such circumstances, if a spouse wrongfully transfers marital assets to a third party for no or insufficient consideration, then a cause of action may be filed against not only the spouse but also the third party based upon the fraudulent conveyance. I have been frequently asked what is the difference between a legal separation and a divorce. My answer to this question is that a husband has more time to hide his assets if there is a legal separation rather than in a divorce case. In many cases, once a wife files for divorce, a husband will go berserk and panic by trying to hide his assets everywhere. Soon to be ex-husbands often have close family members hide their money and assets for them. Alternatively, a sneaky husband will also have his new girlfriend hide money or assets for them as well. In many cases, a tremendous amount
A very common problem in many cases is that after the complaint for divorce is filed, then one spouse attempts to dissipate and hide valuable marital assets. In such circumstances, if a spouse wrongfully transfers marital assets to a third party for no or insufficient consideration, then a cause of action may be filed against not only the spouse but also the third party based upon the fraudulent conveyance. I have been frequently asked what is the difference between a legal separation and a divorce. My answer to this question is that a husband has more time to hide his assets if there is a legal separation rather than in a divorce filing. In many cases once a wife files for divorce, a husband will go berserk and panic by trying to hide his assets everywhere. Soon to be ex-husbands often have close family members hide their money and assets for them. Alternatively, a sneaky husband will also have his new girlfriend hide money or assets for them as well. In many cases, a tremendous amoun
A very common problem in many cases is that after the complaint for divorce is filed, then one spouse attempts to dissipate and hide valuable marital assets. In such circumstances, if a spouse wrongfully transfers marital assets to a third party for no or insufficient consideration, then a cause of action may be filed against not only the spouse but also the third party based upon the fraudulent conveyance.
