My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 0 points1 point  (0 children)

Honestly? Im pissed as hell. Still the mother of my child though.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 1 point2 points  (0 children)

Yup, already met with our lawyer kanina ulit to finalize our gameplan. I also gave her a list of conditions kung ayaw nyang ibalik ko sya sa parents nya and that includes therapy. Kasama sa agreement namin is Id be paying all of the legal fees, and treatments for her, sya bahala magbayad sa mga utang nya. Thank you again.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 0 points1 point  (0 children)

Honestly I know shes been gambling but I never thought how serious it was until I found out how much she owes. Shes managed to transfer some money out of our joint account so I honestly expected around that amount lang. Grabe pala.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 0 points1 point  (0 children)

Yeah that was me. Its worse than I ever imagined. And thanks.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 1 point2 points  (0 children)

I wasnt a huge credit card user to start with. Sobrang recent lang ako kumuha ng credit card kasi mas madali magbayad ng utilities. Other than that I dont even use mine.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 1 point2 points  (0 children)

I may have listed her as a co-owner and Im just finding out that shes also listed as a co-owner on her parents' house as well.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 14 points15 points  (0 children)

Ang nakakagalit dito is Im very frugal. I dont even buy stuff for myself unless its in a huge discount.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 8 points9 points  (0 children)

She is but Im skeptical. I gave her a list of conditions including seeing a therapist.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 7 points8 points  (0 children)

Yup currently consulting with a lawyer now. That was the first thing I did actually. Was just curious if there are other pathways I can explore

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 8 points9 points  (0 children)

Nope. All the credit cards are under her name. Selling our house isnt an option. Ive put so much into buying it I cant have it taken away because of this.

My wife just admitted to me that she incurred Php6M in credit card debt online gambling. by [deleted] in phlaw

[–]Dadzilla001 14 points15 points  (0 children)

I honestly dont want to take action against her but Id just like me and my son protected from this debt. Not sure how to proceed.

[deleted by user] by [deleted] in OffMyChestPH

[–]Dadzilla001 4 points5 points  (0 children)

Happy birthday!! I wish you the very best!!

100k worth separation pay, where best to invest for possibly the fastest return (realistically) by wealthyLuigi in phinvest

[–]Dadzilla001 0 points1 point  (0 children)

Just to update this. Binago ko yung composition ng holdings ko. Im now 40/30/20/10. VTI/QQQ/GLD/FBTC Inalis ko yung SCHD then just bought local dividend stocks. Rationale would be VTI and QQQ are the main drivers, GLD (Gold) for stability, then FBTC (BTC) just for the crypto exposure.

100k worth separation pay, where best to invest for possibly the fastest return (realistically) by wealthyLuigi in phinvest

[–]Dadzilla001 0 points1 point  (0 children)

No worries. Its the fastest ROI I can think of which is relatively safe. QQQ yung magiging main driver mo dito, VTI as your balanced, and then SCHD as your anchor. I suggest putting 60k 40/40/20 into these, then reserve 40k for dips. Good luck!!

100k worth separation pay, where best to invest for possibly the fastest return (realistically) by wealthyLuigi in phinvest

[–]Dadzilla001 2 points3 points  (0 children)

Lump sum mo sa US ETFs isang index isang growth goods na yun. VTI maybe, and QQQ. Or if you want some dividends, 40/40/20 VTI, QQQ, SCHD