[quote=sdrealtor]Again BG you dont know WTF you are talking about. They have tons of money and there is no reason to sell the house. The husband said she could have it and would have no problem keeping it. He wants her to have it and his daughter to grow up here, he just doesnt want to be married anymore. The mortage is only $1500/month and she will be getting 10 times that in spousal/child support. She isnt very fianncially savy and just asked me to check out a few things to see if what he told her was true. I did and he was being honest. She will be here for a long time…[/quote]
So, “he” is willing to have the $300K debt on his credit report while “she” (ostensibly) makes $1500 payments for the next 20 years….assuming she is ALWAYS able to collect $15K a month in support payments…without interruption…lol. Isn’t spousal support typically ordered for half the length of the marriage in CA unless the payee is legally disabled, over the age of 65 or both??
I wonder how long this “situation” will last…or if it will even come about at all?