The Wife Our Client Was Owed $2,053,029 in Cash Assets from the Judgment for Dissolution, Husband Gambled with the Wifes Marriage Settlement and Husband Failed To Turnover The Cash for Two Months.
We Collect for Husband's Late Payment of Settlement Monies to the Wife
We fought for the Wife and won for her a property settlement that included real estate and cash of $2,053,029. After the Divorce Judgment was entered the Husband delayed payment to our client of her cash settlement. We successfully argued that the ex-husband was doing what many ex-husbands do. His object was to delay the payment in order to gamble with her money hoping the market going up.
If the market went up after a long delay the Husband would simply pay the amount specified of $2,053,029 and keep the increase in value of the Wife’s interest that the cash earned.
If the market went down, the Husband would try to pay the lower amount. Having seen this strategy many times before we successfully argued on behalf of the Wife, that the now ex-Husband should not be permitted to gamble with her money and we won. Not only the cash owed to her of $2,053,029 paid but an additional $36,465. The amount of increase. Our client was overjoyed and felt fully vindicated in proceeding against her now ex-Husband.