Iowa landlord loses appeal over $351,446 divorce payment after $700,000 Ponzi scheme loss

Iowa landlord loses appeal over $351,446 divorce payment after $700,000 Ponzi scheme loss
News Image
An Iowa landlord, asserting a $700,000 loss from a Ponzi scheme, sought to reduce his divorce payment but was unsuccessful. The Iowa Court of Appeals confirmed the trial court's $351,446 ruling. The husband contended his premarital assets should remain separate; however, the court determined these assets were commingled and part of the marital estate. This case emphasizes the necessity for clear marital property agreements.

Source: Read Full Article

கருத்துரையிடுக

Please Select Embedded Mode To Show The Comment System.*

புதியது பழையவை

Post Ads 1

Post Ads 2

Whoever You Are, Whatever You Do, Wherever You May Be

When You Think of Refreshment Think of Ice Cold Coca-Cola

© IPD Tamil. All Rights Reserved. This material may not be published, transmitted, rewritten or redistributed.
Owned,Developed & Maintained by
IPD Media Networks