We just made it to level 6.

Aside from the cheating, how is the marriage?

OP, I've seen a lot of divorces, and I've never seen the guy come out clean. A damn expensive lawyer will be a wise long-term investment. You have assets and presumably, potential income. As others are saying, depending on the state, she can totally screw you over. Since you're not on a throwaway account, I'd contact a mod to see if it it's possible to delete this thread.

Not sure why there is level anything here. Just do the simplest solution possible. Don't wait for some opportune time; just go to the lawyer tomorrow if possible. You don't want any skeletons in your closet. Waiting for whatever reasons you are waiting, especially to game the system, as you are openly suggesting in your OP, will come back to bite you really hard. I'd put the over / under of liquidating your assets and waiting for a tax return as good protection around 0%.

You are equivalent to a total newb splashing the pot and pushing all-in PF with 72o. In other words, you are out-leveling yourself while playing a sophisticated game.

maybe ask jungleman if he has any "business associates" he could hook you up with?

I started the thread as a way to do some homework before seeing a lawyer. I always like to source information from as many angles as possible before putting all my eggs in one basket and just trusting some suit & tie guy to do it all for me. You never know what you might learn.

And the importance of the line of credit is that you cant just walk into a bank and open a line of credit any day of the week, they are typically reserved for business expenses as it is a totally unsecured non-collateral backed method of withdrawing large sums of cash. Most of you probably could not get one without some kind of justification higher than just "I has good credit tho". I dont want to close it because it is useful, I just dont see any reason to share it since it is more or less mine since I am the one who acquired it.

Anyway what will probably happen is we will legally separate by moving out of our house, and rent the house out to some family since the house is too valuable to sell and works in both our interests to keep it and split the profit on that later. The only other shared assets is just furniture, which she can keep all of it if she wants I dont give a ****, I'll buy more. My guess is she feels so guilty and is otherwise a pretty decent person that we'll just go down a list and split everything 50/50. She gets couch I get TV, she gets dining table I get washing machines, etc. We own our own cars and have no vested interest in contesting them. All of the credit cards are in my name, she's just an authorized user. I have $40,000 limit with $6000 in use which we'll use tax refund to pay most of it off, then she can open her own cards and I'll drop her from mine since she's just an "authorized user" anyway. Both of our credit scores are 740+ last time I checked so we're not total ******s with money like some people are assuming.

A personal line of credit is very easy to obtain.

Jav,

I find it bizarre how much value you ascribe to a $10k credit line.

Some of these words and phrases and concepts you are using do not mean what you think they mean. You still havent said what state you are in.

The best thing you could possibly do right now is go see a lawyer tomorrow and try to forget what you think you know. You are still in a prime position to screw yourself.

A few things:

Keeping the house jointly is a ****ing terrible idea.
Legally separated doesn't mean what you think it means
Your credit score has everything to do with creditors assigning a risk to you and nothing to do with how ******ed you are with money. That you carry $6,000 in debt and expect a tax refund of around that amount suggests that you are, in fact, ******ed with money.
Did I mention that co-owning property with your former spouse is a ****ing terrible idea?

OP,

Don't listen to these haters, they don't know your wife like you do. Like you said, she's a pretty decent person, so I fail to see how anything can really go wrong with your current plan.

Definitely get the washing machines.

OP, why is the house too valuable to sell?

I thought the thread was merely amusing until this post. You really need to see a lawyer as soon as the office door swings open Monday morning. You will end up regretting any other course of action.

It is more valuable than anyone on earth would pay for it, ldo.

What happens with the house is not up to you, individually.

If she wants it sold, you will have to buy her out - and (with some exceptions) you will have to pay it in a lump sum.

Never seen anyone to be so proud to have a 10k line of credit. And I was a bank teller back in the earlier college days.

OP,
It sounds like once you get this divorce done, you will never have to deal with your wife again. There's no reason not to get the best, most aggressive lawyer you can afford.

There has to be something more there. I don't see $10K being a useful number. Particularly since it could cover his credit card debt.

What happens if the house is underwater? OP and wife have been married about the right amount of time to have a very unfortunate equity situation in the house. Probably the best play in that case is for OP is to somehow convince wifey to stupidly agree to just take the house and note.

Get tested for stds.

If house underwater it is considered a "zero asset."

If one party wants to take it they can. But the bank is not going to kick the other party off the mortgage.

In other words, there is no "play" there unless the taking party is able to maintain the house until there is equity to refinance the other party off the mortgage.

Assuming they do not have sufficient income for one or the other to maintain it, they will just have to do a short sale.

There isn't any reason that we know of that demands an aggressive posture. Quite the opposite.

He may be in a recourse state. We don't know.

I agree with crash.

I actually lean against getting a lawyer here. Whatever money you have will go right into the lawyer's pocket.

OP: what state do you live in?

Surprised this wasn't the first response.

OP needs to talk to an attorney and then rent War of the Roses.

Where's the pics

love is a false human thing, much like marriage

once you **** and make kids the "love" will disappear for most people.

For this guy the love didnt even materialize, kids will help bond that together, but shes a cheating whore so its good he didnt have kids.

This is a ****ing level. What ****ing state are you in op, are you no fault or not, so you married a hobag, might not count for ****

I didn't know that only some states were "no fault".

I mean, honestly, this is not Saudi Arabia, I don't see what fault has to do with any divorce.

Can someone explain this to me?