Posted on
May 6, 2008
at
6:06 pm
If I had a few debt situations before I got married and it happen to get written off but another creditor or agency paid for my written off credit. Can they loo to my spouse to pay off my debt if I Can not.?
Posted on
May 7, 2008
at
4:11 am
My understanding is unless you live in a community property state or your spouse was on the account she has no responsibility for your debt. I ran into this same question after suffering some debt fallout from my previous marriage. When I remarried and faced bankruptcy my fear was that it would drag down my new wife as well. Since she can easily get credit with my last name and with companies I'm in default with it seems we are unattached in the credit world.
Posted on
June 5, 2008
at
2:59 am
Legally your spouse won't be affected but I believe he/she will try to clear off the debts for you as any financial situation that impacts one of the partner will surely bring stress in the couple relationship. So try to clear off the debt as much as possible by yourself. I ,for one, wouldn't want my wife to worry for me on my financial condition.
Posted on
June 11, 2008
at
5:58 am
I know this concerns many people because it is troublesome to think that they could come after those that you love for something that you incurred.
Posted on
March 26, 2009
at
11:50 am
Just keep seperate checking and savings accounts and let your spouse's income go into those accounts. That will safeguard your spouse's money if creditors sue you and have your checking/savings/income attached for garnishment. Hope that idea helps.
Posted on
March 26, 2009
at
12:35 pm
I don't think so. In most cases they are only allowed to speak with you about the matter, or someone you authorize such as an attorney, or if you wished to, your spouse. However you do not want her dragged into this so I recommend advising her not to give out any information if they call for you, just to tell them you are not available, and do not tell them that she is your wife. beautyqueen's idea of keeping separate accounts is also a good one.
Posted on
March 28, 2009
at
12:00 am
I think its a good idea using seperate acounts as well. It keeps individual credit available. I don't think you spouse is responsable if the debt was before you where even married. If its something you went into alone even if your married I think they will inquire of you alone.
Posted on
March 28, 2009
at
9:59 am
To my understanding if your husband has not signed anything then he is not responsible for someone else's debt married or not.
Posted on
March 28, 2009
at
10:16 am
Thanks Katia! I got the idea from a magazine article about a man who was being sued by his ex-wife for additional child support. Thye ex-wife had their bank account attached and money was garnished. His wife was complaining that her money was being used to pay for the child support because it had been comingled with the husbands funds in a joint bank account. That's why a seperate bank account is essential, especially for a woman. That way the woman's income goes only for her own family and children and doesn't get used to pay for her husband's debts.
Posted on
April 4, 2009
at
10:46 am
Beautyqueen, I have always had a separate account from my husband, we have been married 22 years but that doesn't mean that he has to know about every penny I have. It also makes me feel a lot more secure.
