How to react when your spouse has been arrested and charged with a white-collar crime is a question you may have. Should you stay by their side and lend assistance when they clearly require it? Or have you let yourself get so devastated by your partner’s accusations that you’re ready to turn your back on this heartbreaking time in your life?
There may also be serious consequences for you as the spouse. Protect yourself and your future by taking necessary precautions. First, examining the potential fallout of your partner’s white-collar criminal accusation is important. Discuss your case with a qualified Birmingham divorce lawyer.
All of Your Property Could Be in Danger
If your spouse has been accused of a white-collar crime, one of the most critical things you can do to protect yourself is to have a solid financial plan. Your property may be subject to seizure if a criminal inquiry is initiated into your spouse’s suspected wrongdoing. If your spouse has been accused of a white-collar crime, they could lose a variety of assets, including but not limited to:
- Financial instruments such as checking and saving accounts
- What you drive and where you live
- Furniture for your home
- Different kinds of Real Estate
- Beautiful and priceless artwork
- Stunning, high-priced jewellery
It is not necessary to file official charges against your spouse in order to have their share of your assets frozen and/or seized. Selling the defendant’s assets and giving the proceeds to the victims is a common form of restitution in cases where the defendant was found guilty of a white-collar crime.
All of your assets could be frozen or seized if you and your spouse share ownership of any of their possessions. If your spouse is under investigation or has been charged with a white-collar crime, you can take measures to safeguard yourself and your children. The appropriate course of action for you and your loved ones can be determined with the assistance of a knowledgeable lawyer. The unfortunate reality is that if your husband has been charged with or convicted of a white-collar crime, you may have little alternative except to file for divorce and deal with the fallout. Now is the time to plan for the future and secure your family’s safety. Alabama follows a system of “fair share” allocation.
