Fernandez v. Suddock

Filing 1

COMPLAINT against John Suddock, filed by Cynthia L. Fernandez. (Attachments: # 1 Exhibit A, # 2 Exhibit B, # 3 Exhibit C, # 4 Exhibit D, # 5 Exhibit E, # 6 Exhibit F, # 7 Exhibit G, # 8 Attachment 1)(BJK, COURT STAFF)

Law Office of Alicia Porter
POBox 241741 Anchorage, AK 99524
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matrix: the Thunderbird Falls house, and Ms. Fernandez's Mercedes. The court did not look at
the Mountain View triplex that Mr. Fernandez purchased when the couple was separated from
1997-2001, the cabin Mr. Fernandez purchased when living with Ms. Fernandez from 20012005, the bank account assets that Mr. Fernandez had, the retirements of Mr. Fernandez, orthe
debts that Ms. Fernandez paid after Mr. Fernandez left the relationship in 1997, which resulted in
her assuming $100,000 of debts.
The agreement that has been finalized, as per the court's instructions on September 26, 2011 is
that Ms. Fernandez, waived her right to an equitable division of the couples $100,000 in debts
(that Ms. Fernandez paid), her right to her child support award of over $128,000, gives up any
rights that she has to Mr. Fernandez's assets that were accrued during the relationship, and Ms.
Fernandez must pay Mr. Fernandez $33,000 plus give up her car.
Thus, in chart form, the parties' assets and debts are divided as follows
Mr. Fernandez

Savings Accounts
Mountain view triplex
Retirement accounts
Mercedes
Trailer/vehicles
2001-2007 Mt View Revenue Apartment
4x4, Raft, Motors, Tools
Land Rover

$100,000 Estimated
$285,000
$200,000 Estimated
$27,700
$14,000
$54,000
$12,000 Estimated
$2,500

Relief from debts
Couple's debts
Child support

-$50,000
-$128,000

Total Assets for Mr. Fernandez
Total Debts Relieved by the court for Mr. Fernandez in the settlement
Total benefit to Mr. Fernandez

$695,200
$178,000
$873,200

In contrast, Ms. Fernandez's assets/debts are as follows
Ms. Fernandez
Thunderbird house
The debts
Child support
Mortgage to house
Offset payment
02 Benz (a gift)

$212,000
-$100,000 removed by ruling
-$128,000 removed by ruling
-$140,000
-$33,000
-$12,000.

Total assets/debts

-201,000

ExhibitG.