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Is Your Spouse Hiding Assets During Your Divorce?

By Lois G. Schwartz | April 20, 2018

Divorce Lawyer in Cherry Hill, New JerseyDivorce is oftentimes emotionally draining, stressful and difficult. Unfortunately, many individuals going through this process are facing an uncooperative, vengeful or vindictive spouse. Sometimes a former spouse may attempt to hide assets before or during your divorce proceedings. It’s important to recognize your right to discovery to force the disclosure of these hidden assets in order to result in a fair divorce resolution.

The discovery process is a formal and legal method of obtaining information and documents regarding your spouse’s financial information. There are various methods to coerce your spouse into revealing the truth. Your spouse will need to produce specific documents or answer interrogatories, which are questions regarding assets. Your lawyer may also demand an inspection of your spouse’s property or arrange for an oral deposition. An oral deposition is testimony given by your spouse under oath. Intentionally withholding evidence or lying under oath can result in sanctions against your spouse.

One element of discovery includes reviewing your spouse’s tax returns. This will reveal information about income, property deductions, sources of supplemental income and other important information. An experienced attorney can help you trace the cash flow in your marriage in an attempt to discover hidden assets. Another method of discovery is subpoenaing your spouse’s accounts. The bank will produce all records associated with your spouse’s name.

If you think your spouse is attempting to hide assets to prevent you from receiving a fair result in your divorce, then attorney Lois Garber Schwartz can help. With over 35 years of experience in family law, attorney Lois Garber Schwartz has experience in this area. She can help you receive a fair result in your divorce. Contact her office today at 856-375-8989.

The articles on this blog are for informative purposes only and are no substitute for legal advice or an attorney/client relationship. If you are seeking legal advice, please contact our law firm directly.


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Lois Garber Schwartz

1040 Kings Highway. N, Suite 202

Cherry Hill, NJ 08034

 

Phone: 856-482-8799

Fax: 856-482-0343