What to do if I have a MSA with my ex that I can no longer honor?

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What to do if I have a MSA with my ex that I can no longer honor?

Basically I agreed to pay credit cards(that are in her name, a tax bill we owed in 4 years ago and an amount in cash. She only had to pay a loan she took while we were married and got to keep the car (I was making payment on) , there is still money owed on it.she refused to file taxes with me even though she didn’t work the whole year and I ended up losing $10,000 in tax refunds, plus paying $2000 back to IRS because I had to file married separate. My circumstances have changed, I no longer work,and I can’t afford to make payments.I was supposed to be paid off by december. Anything I can do to void this agreement? If she takes me to court for contempt,is there Jsil involved? There are no children and no spousal support.married 1 year.

Asked on January 3, 2013 under Family Law, California

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 11 years ago | Contributor

Given the changed circumstances where you cannot abide by the terms of the marital settlement agreement between you and the "ex" for the present, I suggest that you advise the "ex" of the changed circumstances and do what you can do in honoring the agreement the best you can and try and make up the difference later.


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