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paypal and divorce

 
Vik2001
(@Vik2001)
Estimable Member Registered

im going through a divorce and getting ripped apart.  dont have much at the moment.  so my family wanted to give me some money via a paypal transfer which i can use to buy some stuff online.  i may even use it to trade some stocks and shares to make some money on the side, to help me out.

now question is when im going through the financials, do i have to disclose any money loaned to me by family members and kept in my paypal?   it will only be money given to me, not my own actual money....  i dont really want her knowing about it incase she tries to take it, but at same time i dont want to do anything dodgy.    if it was my own money i would disclose it, but its not - just family helping me out, but keeping it out of her radar

 

thanks

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Topic starter Posted : 26/03/2021 12:11 pm
actd
 actd
(@actd)
Illustrious Member

Have they given it to you yet? If not, I'd wait until it's all sorted, just so there isn't anything your ex can use. If they have, then I would seriously be inclined to pay it back for now (make sure what you pay back matches exactly what they lent you, just to keep it simple).

Really much easier not to have to explain something in the first place. They could always buy stuff on your behalf, rather than give you the money to do it.

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Posted : 26/03/2021 12:26 pm
Vik2001
(@Vik2001)
Estimable Member Registered
Posted by: @actd

Have they given it to you yet? If not, I'd wait until it's all sorted, just so there isn't anything your ex can use. If they have, then I would seriously be inclined to pay it back for now (make sure what you pay back matches exactly what they lent you, just to keep it simple).

Really much easier not to have to explain something in the first place. They could always buy stuff on your behalf, rather than give you the money to do it.

yea sounds like good advice. i will wait as it makes sense.

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Topic starter Posted : 26/03/2021 12:29 pm
actd
 actd
(@actd)
Illustrious Member

Good move 🙂

Don't forget that somewhere you sign a statement to the effect that what you have said is true. I think generally, once the financials are finalised and a court order is in place, then your ex can't go back and ask for it to be changed. However, if she were to later find out that you'd lied on the forms, then I think it can go back to court and they could then revisit the whole order - that in itself is a good reason to make sure that you disclose everything, so keeping it simple until then is worthwhile.

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Posted : 26/03/2021 12:36 pm
Vik2001 liked
Vik2001
(@Vik2001)
Estimable Member Registered

thanks for the good advice. i will keep it simple.

we had a fact finding, and everything was cleared.   in the interim she allowed me to see kids, but no overnight stays. i agreed.  next day she hit me with asking for CM and asking i sell our house.  she moved out and i still live there, and cover all costs.

i cant sell house yet as it will take me time to rehouse myself, and i wanted to keep it as when kids visit they have somewhere they can be. soon i will ask for overnights.   can she force me to selling the house so fast?   she knows if i sell the house, that will mess up my chances of overnight stays if the kids have no roof over their heads.

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Topic starter Posted : 26/03/2021 1:00 pm
Daddyup
(@Daddyup)
Honorable Member Registered

Hi

Sensible advice re PayPal etc.. Even money received after separation is included for divorce and financial order.

 

Re the house, if your ex is the primary carer and no longer lives there and is entitled to equity then yes she can suggest a sale or other option eg you buy her out etc.

 

However, the process can be as quick or as slow as you like it (but consider if she gets annoyed she could attempt to restrict child contact even though she shouldn't).. The house will come under financial order proceedings, there will be negotiations, offers, counter offers, then you are looking at arranging valuations (usually 3), then there is the house sale... So still a way to go and if it is going to end up being sold, plenty of time for you to arrange alternative accommodation.

 

On the other hand, if you were the primary carer and living in the house with the kids, you could say you want to sell the house when the kids turn 18 etc..

 

If you ex is awkward then you will need suitable accommodation for the children eg own bedrooms depending on ages and gender etc.. If ex is cool then you can get away with a 1 bed on an interim basis and everyone just camp out in a couple of rooms..

 

You need to plan ahead and not allow the ex to scupper plans for overnights. 

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Posted : 26/03/2021 1:33 pm
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