10 Strategies to Release the Anger From Financial Betrayal

Taking the Long View

long view divorce debt

Yesterday was a big day for me.

After two decades of carrying the burden, I finally paid off the last of my student loans.

I have to say, I was a little disappointed in Discover’s response to the zero balance. I wasn’t expecting anything too major, maybe just some balloons dropping down from the ceiling, applause coming through the speakers on my computer and a moderately-sized parade in front of the house. As it was, I had to make do with a sentence sandwiched between the ads for a credit card and a personal loan: “Congratulations. The balance on your student loan account is now zero.”

It’s been a long journey getting to this point. Much longer than planned-for or anticipated.

Life is funny that way.

And in so many ways, this slog back to financial health mirrored the emotional healing from divorce.

I don’t know what my credit score was on the day my world exploded. I refused to look. The last time I had checked, it was just above the 800 mark. But that was before my then-husband maxed out my credit cards, stopped paying my student loans and took out additional credit lines in my name.

I considered bankruptcy. The financial counseling session that I was required to complete as part of the pre-qualitification for the process left such a sour taste in my mouth. The advisor kept questioning my claims about my budget, unable to understand how I ended up in such a mess with a relatively frugal spending pattern. No matter how many times I explained what my husband had done, she didn’t seem to get it.

She blamed me. And I blamed me too.

Not for spending the money, but for being so stupid as to allow it happen without my notice.

So I hung up and took out a pad of paper to work out how I could pay back the money on my teacher salary without resorting to filing for bankruptcy.

I had to be strategic, although I wanted nothing more than for all of those debts to be instantly reduced to zero (and for my checking account to rise above sea level since he had left me with a negative balance). Silently, I yearned for my credit score to again be solid, instead of the shamefully low number that I knew I carried as a virtual scarlet letter, branding me as someone who didn’t have it together.

Over the next five years, I slowly and steadily paid off his parting gifts – a sum total of $80,000, if you include the legal fees that he was ordered to pay and never did. Three years after he left, I finally summoned the nerve to check my credit score. It wasn’t good, but I knew it was better than it had been.

I understood that this wasn’t a quick fix. It may have been destroyed in an instant, but rebuilding was a long game.

But even then, with the bulk of the debt resolved, it wasn’t over. The foreclosure (yet another gift from my ex and a legal system ill equipped to deal with manipulators), still pulled down my credit score, an anchor to the past. And the student loans, which were supposed to be paid off (according to the financial plan I had with my then-husband) in 2012, had instead been relegated to minimum payments in order to focus on the accounts with higher interest rates first.

Last year, the foreclosure dropped off my record, instantly catapulting my credit score almost 70 points. And then yesterday, I wiped out the student loans, which should bring me back up to my starting place of just over 800.

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It’s taken 9 years and 51 days to get here (But who’s counting?). There were certainly improvements along the way, some major and some so small that they were barely noticeable. But until yesterday, I didn’t feel as though it was “done.”

And that’s how the emotional work felt as well. I wanted it to be resolved quickly. I told myself that once the legal process was over, I would refrain from looking back.

Yet just as the foreclosure pulled down my credit score, the divorce still weighed down my heart.

It was a long, slow climb back to emotional health and stability. Some days brought great improvement. Most heralded imperceptible improvements. And still others sent me tumbling backwards, leaving me bruised and fearful that I would never make the climb.

Yet, at some point, it happened. Unlike with the financial health, I don’t have a single event that I can point to where I was informed, “Congratulations. The balance on your emotional trauma has now reached zero.” But I can look back at my writing and see a difference. In 2016, there were still posts where I was struggling with trust and abandonment and vulnerability. In 2017, those are absent. And that continues. That doesn’t mean that life is always easy, but it does indicate that I am no longer responding to the events from the past.

Healing from anything requires taking the long view. It demands patience and persistence, especially in those times when progress feels sluggish and uncertain.

Keep at it. One day you’ll be able to look back and realize that it’s no longer a reality, simply a memory.

The Pathology Behind the Lie

I don’t get spooked easily.

But I’m spooked right now.

Not because of anything imminent.

But because I’m really starting to understand what kind of danger I may have been in.

When the police first told me how lucky I was to make it out of my first marriage alive, I brushed off their concern. After all, they were talking about the man who had cared for me when I was sick and would gently slide my glasses off my sleeping face each night. How could he have tried to kill me?

Yet even though it seemed unfathomable and he had made no direct threats, I found that I was frightened of him. The reports from his other wife that she found evidence that he was planning her death didn’t help to calm my nerves. And the police took his actions and my fears seriously, setting up nightly patrols during those first few uncertain weeks.

Even then, I didn’t really take it seriously.

But now I do.

And my change in perspective came from the most unlikely of places – a podcast about Casey Anthony, the Florida woman who was accused of killing her young daughter in 2008.

At the time of the trial, I remained largely ignorant of the intense publicity. I knew only the basic outline – she accused the babysitter of kidnapping her child and the child’s body was found some time later.

But listening to the podcast?

In many ways, I felt like I knew her.

Because even though she was a twenty-something mother accused of murder and my ex-husband was a thirty-two-year-old man who committed bigamy and fraud, they were operating out of the same playbook.

And the more I heard about her lies and realized the parallels with my ex’s, the more spooked I became. A feeling of looking down and suddenly realizing that you’re precariously perched high above the security of the ground.

(A quick note here before I delve into the details: As stated, I never followed this case while it was active. Even now, I have not referenced any sources apart from this podcast. There may be information that was discussed in the show that is incorrect or incomplete. Frankly, I’m spooked enough from these details; I have no interest in digging any deeper. Also, I have my gut feelings about Casey’s involvement in Caylee’s death, but I’m not going to speculate about that here. I’m more interested in her multiple lies and her reactions (or non-reactions) to her daughter’s disappearance and then confirmed death.)

In many ways, I’m still too close to my ex’s lies to be able to see them all clearly. They are so interwoven with my own memories of what I believed at the time, that it is difficult for me to be objective. In listening to the description of Casey Anthony, I was able to see these behaviors in a more impersonal and detached manner.

And realizing these similarities makes me truly wonder what my ex was (is?) capable of.

 

Everything’s Fine

Casey Anthony’s daughter was missing for 39 days. For most of that, Casey kept insisting that everything was fine. Whenever her mother asked about Caylee, she was told that she was an amusement park or with the nanny. Any concern was brushed off with an, “How can you be so ignorant as to think that?” attitude.

My ex had been living a double life for years at the time he left and the financial deceptions that he carried out were beginning to reach critical mass. It got to a point where he was no longer able to shield me from everything (although he gave it a damn good try, including cutting the phone line so that I couldn’t receive calls from creditors). Whenever I would see something that would give me pause, his reaction would always be, “How could you be so ignorant or distrustful to question that?”

 

Real-Life People Becoming Fictitious Characters

When Casey could no longer deny that her daughter was missing, she then claimed that she was kidnapped by the babysitter. She described to the police how she met this woman through a mutual acquaintance and that she used to babysit his child. This man was real, but he not only didn’t know this babysitter. He had no children.

My ex used a friend in a similar manner. He claimed (to both his other wife and the police) that he co-owned this friend’s business and had a great deal of money coming to him as part of the agreement. This friend (although I’m not sure that’s the correct term) was real. The business was real. But everything else my ex claimed was simply fabricated to connect the dots of lies he had spread.

If They Don’t Exist, Create Them

Sometimes the character needed for the story you’re telling doesn’t exist. When that happened to Casey Anthony, she simply invented the person. For the month that her daughter was missing, she consistently made the claim that her child was with the babysitter. But there was no babysitter. After she accused the nanny of stealing her daughter, she was forced to bring more detail to this imagined character. And she did, even describing the details of the woman’s apartment (which was a merely a vacant unit when the police investigated).

When my ex met his soon-to-be other wife, he told her he was divorced and that his ex-wife was remarried. This fabricated “second husband” of mine remained a mere sketch until he tried using the same story with the police. And they pushed for details. So my “husband” and I had been married a year, were on friendly terms with my ex (in fact, apparently he even attended our imaginary wedding), lived in Snellville and had three dogs. Oh, and my husband apparently worked as a chiropractor. Strangely, I appreciate the fact that if my ex was going to invent a life for me, at least it seems he made up a good one.

 

Names of Fictitious People Pulled From the Environment

Of course, the nanny that Casey Anthony invented needed a name. She was given the made-up moniker Zenaida Fernandez-Gonzalez, which was later found to be cobbled together from the names of Casey’s boyfriend’s neighbors. Unfortunately, there did happen to be a real Zenaida Fernandez in the Orlando area at the time. I can only imagine the trauma this poor woman faced as she was questioned by the police and hounded by the media.

My ex was also forced to come up with a name for my fabricated husband. He settled on Mark (Marc?) Mercer. When I learned about this pretend husband’s name from the arresting officer, my mind immediately remembered a prominently-placed billboard for Mercer University. The location? Snellville.

 

Just Write it Yourself

Casey Anthony apparently created several email addresses to send messages as other people. She apparently didn’t know enough about IP addresses to not be fingered as the origination point of these emails.

My ex got into my email account and sent a “Merry Christmas” email from me to him that incorporated the fake fact that we were divorced. The only problem? This email was dated in July because he either neglected to alter the date or didn’t know how.

 

Fake the 9 to 5

For months, Casey Anthony told he friends and family that she had a well-paying job as an event planner at Universal Studios. She would get up, get dressed, and go…well, anywhere but Universal Studios, as they had no record of her ever being an employee. My favorite detail – when the police asked her to take them to where she worked (after they learned that Universal didn’t know her), she walked them into one the buildings, up an elevator and down a hall. She didn’t admit the truth until her back was literally against the wall.

I’ve had to try to fill in the gas about my ex’s fake employment, as he took all of the related documentation when he left, but from what I uncovered, he pretended to have clients in his freelance business for quite some time. He made up assignments, pretended to work on them when I went downstairs to his basement office and funneled money from credit cards when he needed to get paid from his invented clients.

 

If You’re Backed Into a Corner, Just Change Direction

When police discovered that the nanny’s supposed apartment was vacant (and had been for quite some time), Casey Anthony then came up with a new story about the nanny’s location.

When asked by the police why he was recently in Brazil, my ex first denied ever being there. Then, when confronted with the evidence of the trip from passport records, he then claimed that it was a work trip (this was the story that I had been told along with details that even included pictures of the trade show he supposedly was working). The police then proved this claim false with a short phone call to his boss. Although he was no longer freelancing at this point, he then asserted that he was doing a side job for somebody. His other wife soon dismissed this fiction as well.

 

Financial Lies and Bad Checks

Casey Anthony had a problem. She told everyone she had a job that paid well, yet she often had no real source of income. While her parents bought her gas and often provided her with a roof over head, she faked the rest with a series of bad checks.

I don’t have much detail about most of my ex’s financial deceptions because the evidence went with him (but suffice to say, he made many purchases with money that he didn’t have). But I did get to see a series of emails between the band that played at his illegal wedding and he and the other wife. He continually assured them that “the check is in the mail.” I’m sure. He also strung his attorney out who made the comment to me after the divorce hearing, “Not until I get paid first.” At that one, I just had to giggle. And then there’s the one that gave me my only sense of justice in this whole mess. He lied on the taxes and, as a result, I was granted innocent spouse relief. Thank you, IRS, for seeing him for what he is.

 

Garnering Sympathy and Flirting With the Professionals

Casey Anthony would flip between continuing to live her life that nothing had happened and playing the victim. After her case was over and she was found not guilty of the murder charges, she started a relationship with one of the investigators from her case.

My ex (and by extension, his attorney), kept whining that I was “vindictive” because I alerted law enforcement about his bigamous marriage. I know, poor baby. In an email to his other wife and my mother, he then went on to describe me as “impossible to live with.” Of course, the letter then went on to accuse me of doing exactly what he was guilty of. Nice try. His smarmy behavior continued when he went to my attorney’s office to pick up some keys. The paralegal called me after he left and said it was disgusting how he was flirting with her and trying to win her over. Maybe he was looking for wife number three?

 

I know that the possible murder of a child and the deceptions involved in fraud and bigamy are worlds apart. I’m not trying to equate those two situations. Yet, if Casey Anthony did intentionally kill her daughter, it doesn’t seem to be an act driven by malice or even momentary rage. Instead, it would have been an act by somebody who is willing to take extreme actions to get what they want without concern for the consequences.

And by seeing those parallels between her undertakings and my ex’s, I now am starting to believe that he really was capable of taking extreme actions. Maybe even extending to murder.

And that is spooky.

 

Guest Post – Lifestyle Analysis in Divorce Proceedings: Uncovering Hidden Assets

I felt like I was blindsided twice in my divorce – first by my husband and then again by the courts. The court system is overwhelming, the process is scary and the outcomes are potentially life-altering.  This information and advice from an attorney who has been there, done that may help you go into your divorce better prepared than I was and with a better outcome than I had.  I hope so.

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Lifestyle Analysis in Divorce Proceedings: Uncovering Hidden Assets

Divorce, or dissolution of marriage, is a highly personal, emotional experience that goes much smoother if the parties are willing to cooperate. Despite the obvious benefits of working together, divorce remains a fairly adversarial process that can sometimes get downright malevolent. Whether you are the spouse filing for divorce or the spouse responding to a divorce action, you should consult a lawyer to make sure you are aware of all your legal rights and obligations. This is especially important if the other party is being difficult. One of the most significant aspects present in every divorce where an attorney’s advice can make a big difference is in reviewing financial matters.

 

The Financial Affidavit

All divorce proceedings, whether contested or not, require each party to complete a financial affidavit that discloses all assets, income, expenses, and liabilities. These affidavits are known by different names, such as “Verified Financial Disclosure Statement” in Indiana, and “Verified Disclosure Statement” in Kentucky. No matter what they are called in your state, they must be signed under penalty of perjury that the information provided is correct.

 

The financial affidavits are essential to the final divorce settlement agreement because they are the basis for deciding child support and property division, and whether one spouse is entitled to maintenance. The affidavits are usually prepared by the client, many of whom take wild guesses at the figures. Thing is, it’s human nature to estimate incorrectly, especially under stress. But because complete accuracy now can make a big difference in your financial future, it may be wise (or even court-ordered) to complete a lifestyle analysis.

 

The Lifestyle Analysis

In contrast to the financial affidavit, which gives a view into an individual’s finances at a certain point in time, a lifestyle analysis examines several years of financial activity. It looks at the couple’s spending habits along with the day-to-day living expenses incurred during their marriage. The focus is usually on the last three to five years of marriage in order to get a good understanding of patterns, although the longer the time period analyzed, the more credible the report.

 

The idea is a fairly basic one: if what is being spent on a lifestyle is more than the income that is reported, then it is likely there is another source of income. The analysis usually includes, but is not limited to, researching:

  • Bank records
  • Checkbook registers
  • Credit card statements
  • Credit reports
  • Insurance documents
  • Loan applications and agreements
  • Pay stubs
  • Payroll records if spouse is a business owner
  • Personal and business income tax returns
  • Property tax bills
  • Recurring and ordinary expenses within larger basic categories such as clothing, food, housing, entertainment, travel, etc.
  • Retirement accounts
  • Seasonal expenses
  • Unusual or non-recurring expenses.

 

There are many different reasons why this documentation and verification of expenditures during the marriage may be needed. The most common reasons are to determine the standard of living during the marriage and to determine the appropriate levels of child support and maintenance. A lifestyle analysis can also be very useful in determining whether a spouse is underreporting income on the financial affidavit, has concealed assets, has overstated debts, or has spent marital monies on activities that could influence the case (such as gambling, drugs or paramours).

 

While it can sometimes be hard to determine whether a lifestyle analysis is warranted, there are certain red flags that can signal the need to take a closer look. In many instances, one spouse is already suspicious of the other before they are even separated. Any spouse that exerts excessive control over financial matters should be more thoroughly examined as someone who is likely to manipulate financial facts. A spouse with a history of deception, or of pressuring or coercing the other to sign unusual documents, is a prime candidate for analysis. Has your spouse made large purchases without your knowledge? Have large sums of money disappeared without plausible explanations? These are signs that may indicate the need for a more careful evaluation.

 

Hidden Assets

It’s possible that during the process of completing the financial affidavit or the lifestyle analysis you may discover that your spouse has a financial secret. Comprehensively investigating financial records may reveal that he or she has been hiding income, selling marital assets, buying property, or even bankrolling an extramarital affair. Once exposed through the analysis, this deception can be taken into consideration when the judge determines the divorce settlement agreement.

 

Concealed assets are typically either placed in the hands of third parties or behind false documents. Common ways of hiding assets include:

  • Bearer municipal bonds
  • Collectibles, possibly kept at a friend’s house or the office
  • Converting cash into personal property that may be overlooked or undervalued
  • Custodial accounts established under a child’s social security number
  • Delaying work bonuses, raises, contracts or stock options until after the divorce
  • Faking debts owed to family or friends
  • Giving gifts (like jewelry or cars) that are to be returned once the divorce is finalized
  • Offshore accounts
  • Safety deposit boxes
  • Secret retirement accounts
  • Series EE savings bonds
  • Transferring money into trusts.

 

The point of identifying and valuing all the assets is to decide which marital property is subject to division, thereby allowing an equitable apportionment. A spouse who deliberately hides assets can face a number of consequences, including being charged with fraud, ordered to pay the other party’s fees, having his or her claims dismissed, or having the other party be awarded the entirety of the hidden assets. Penalties vary from state to state and are heavily dependent on the circumstances of the case.

 

Seeking competent and knowledgeable legal advice now will help you avoid costly, long-term mistakes. In order to make certain that you receive and retain all the assets to which you are entitled after a divorce, it is important to talk with a skilled divorce lawyer. In extremely complex situations, divorce lawyers may enlist the assistance of other professionals who have specialized training and expertise in investigating the financial intricacies of a divorcing couple. Financial advisors, CPAs, forensic accountants, and Certified Divorce Financial Analysts® are some of the professionals who may be consulted. It can sometimes take a team to help a spouse stay on the right side of the law while working to secure his or her financial future.

 

About the Author:

Dana Eberle-Peay is a family attorney in New Albany, Indiana. After going through a tumultuous divorce in 2008, Dana dedicated her professional life to helping others in similar situations. She currently practices law at the McNeely Stephenson Law Offices of New Albany, Indiana.

Putting It All Behind Me

You know those times when you don’t realize you’re holding your breath until you finally get a deep lungful of air?

Well, apparently I haven’t been breathing for the past 6 years. Or actually for the past 6 years and 5 days, to be exact.

And I didn’t even realize it until today. Or more specifically, when I received the word that not only did I qualify for the car loan, I qualified for the lowest interest rate.

I can’t even begin to explain the relief that gives me.

Not only does a new (and hopefully more trustworthy car) give me freedom, the loan is a sign that I can finally put the financial betrayal behind me.

I’ve always said that the financial betrayal was the worst. It’s the one that refuses to disappear. That tails behind me as stubborn and persistent as a hungry toddler. Only much, much more nefarious.

I have been reminded of it every time I’ve had to make payments on debts he incurred (for things like HIS honeymoon). It’s been thrown in my face with letters and phone calls from collections, threatening me because of his lies. And it’s held me back as I’ve worked to improve my credit score.

It’s been a load of shame on my back for the past 6 years.

I’ve felt embarrassed every time my financial situation has to be exposed. I instinctively pull out my divorce decree, ready to defend myself against the stains still on my record. I’m not sure what’s worse – the feeling that others might think I was responsible for the debt or the knowledge that I was a chump, blindly ignorant to my ex’s machinations.

I’ve been uncomfortable with my car – easily the oldest in the parking lot at work and probably also the senior in my neighborhood – for a few years. I don’t like to let people into the vehicle, where the orange foam spilling out of the cracked seats will tickle their sides. I like to arrive to the location where I will meet a new person before them, so that I am not associated with the rapidly aging vehicle. Because even though I’m not one to give much credence to appearances, I know that others are judging me by my ride.

It’s been a flame of anger for the past 6 years.

It’s not fair. It’s not fair that he stole my money and my credit and escaped unharmed as far as I know. It’s not fair that all of the careful planning and saving that I did was wiped out for his impulsive and deceptive actions. It’s not fair that he was granted the newer and more valuable car (that was almost paid off) by the courts and I received the ten year old model.

I’m angry at myself. For believing what my ex told me and not looking for myself. For trusting that he cared as much about my financial well-being as he did his own. For being stupid and gullible and naive.

And I’m reminded of this anger every time I grow frustrated with my car or see his impact still imprinted on my credit. I’ve had to very intentional and generous with gratitude to counteract the scalding impact of his actions. And that’s not fair either.

It’s been a cloak of fear around my heart for the past 6 years.

In the beginning, I couldn’t even bear to see the extent of the damage. I narrowed my eyes when I looked at account balances, blurring the total as though that would somehow soften its effect. I had my dad examine my credit report after promising that he would not reveal the actual score to me. I was afraid to face the evidence that he had been whittling away at my well-being for years.

Every trip to the mailbox and every unknown number on my phone caused my pulse to rise as I braced for news of another account or threats on a known one. Even as parceled out paychecks to pay down the debt, I was petrified that another would surface and my careful accounting wouldn’t be enough to save me.

I finally faced my credit score for the first time since the life implosion two years ago. Ever since, I obsessively check Credit Karma every day. And I’ve watched the number rise as my identity is slowly replacing that of my ex on the accounts.

But I haven’t really trusted the number. It felt fake, somehow.

And so, when I nervously entered my information on the credit application for the car, I was sure that I would be declined. Or at least offered some sub par rate. And when the phone rang mere moments after I hit “submit,” I saw it as verification that my fears were founded.

“Everything looks good,” I heard faintly, as though it was coming through a tunnel.

It was only after I hung up that I realized I had collapsed onto the floor, relief buckling my knees beneath me.

Because it’s about way more than the money. Or the car.

I can finally feel like this is all behind me. Like I am no longer held back or limited by any of what happened.

And for the first time in 6 years and 5 days, I can finally breath freely.