The absolute worst divorce settlement ever

Original Agreement

Settlement Agreement 12/01/2011

  • Child Support $3,575.00
  • Equitable Division $5,623.93 / 67,487.16  (15 years – 2026)
  • Pay Car note (Enclave – Est $900)
  • Car Insurance

Side Agreement

  • Pay 215 Windsor $3,000.83/mo
  • World Point Visa $200 per week
  • CapOne
  • Health Insurance $420.21mo / 5,042.52yr (for family of 6)
  • DirecTV
  • Taxes $8,000yr
  • HOA $670yr
  • Car tag
  • Netflix

Prior to Modification, Total Monthly Obligation: $15,660.97 / $187,931.64yr

08/26/2015 From Laura Melson

  • Windsor Cove sold for $800k with 12,554 in seller paid CC. Closed on 6/22/15.
  • Milton Court sold for $275k with 2,358 in seller paid CC. Closed 7/24/15.

Other notes

  • Nicole profited roughly $18,000 from the refinance of the house
  • Prior to divorce and tax filings I shared 50% of my tax return for a couple of years when there was a refund
  • After divorce and tax filings, she got refunds totaling $7,360.92 for 3 years
  • She kept all the proceeds from the sales of personal items from 215
  • She netted at lease $550,000 from the sale of 215 Windsor Gate Cove

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