UnThreaded | Threaded | Whole Thread (28) | Ignore Thread Prev | Next
Author: ThyPeace Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308883  
Subject: Re: E-fund disasters: what's yours? Date: 7/30/2007 7:55 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
The worst e-fund disaster of my life was the nightmarish day when I finally walked out on my ex after a year of emotional and verbal abuse related to her affair, even though I still wanted to save the marriage. My ex proceeded to do everything she could to destroy my legal right to parent my daughter.

This is not the kind of thing any e-fund is designed to handle. The legal costs, to date, are in excess of $75,000. That doesn't include the financial settlement, which required me to hand over a six-figure sum of money to my ex.

Essentially all of the debt I have, except my mortgage, arises from that single event.

I'm not suggesting that an e-fund should be expected to handle something like this. But... it should handle the retainer you pay the day after something like this happens. And you should know what you're going to do if something like this does happen.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (28) | Ignore Thread Prev | Next

Announcements

TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement