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Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308782  
Subject: Re: What is the best way? Date: 7/22/2014 4:45 PM
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But he wants a mercedes. WHY? Our kids are in carseats. Not conducive to the family life. Some friend has one and he 'needs' one now. But his credit score keeps him from getting it. Along with the fact he won't pay his current note on time. So frustrating.

Do you how much debt there is in "his" accounts? You need to know exactly. Since he can't get any more debt, the assumption is that he has maxed out any credit he could obtain. If you haven't, you need his credit report. Attempting to pay off these accounts while he is taking you deeper in debt isn't productive.

I strongly suggest marriage counseling and a lawyer. Unless he changes and starts acting like an adult and responsible parent, your options are limited.
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