due to get married and new man has debt
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due to get married and new man has debt
| Mon, 05-30-2005 - 9:58am |
Hello,
Im due to get marreid in about 6 months. My man has dept like 15,000. Do you all know if this will follow to me. I own a house and have stocks. I live in the state of ca. Also, do you know if his ex wife and attach my income for more money?? Help need facts before i marry.

I don't know if his exwife can request more money due to your income. In your situation, it would be very wise to consult an attorney for some good advice.
Also, have you discussed how he got into debt in the first place? Is it a result of lifestyle and impulse buying? Or was it circumstances beyond his control (divorce, job loss, etc)? Is he committed to getting out of debt? If you hang around the board and visit the archives, you'll see that a partner (DH SO BF etc) who just doesn't get it is close to the top of fustration list.
Good luck!
Sandra
My ex-husband was in bankruptcy when we got married. We always kept our money completely separate. Even though it costs more, we filed our income taxes 'married but filing separately'. We didn't even use the same bank.
However, when we divorced, he got half of everything we had aquired after our marriage, including half the profit from the house *I* bought with *MY* money, and he could have gone after half my retirement savings as well. I also had to continue to cover his health insurance.
Since you own your house before you're married, you probably won't have to split it with him in the unhappy event that you decide to untie the knot. I just wouldn't put his name on anything of mine, if I were in your shoes.
Good luck!
Lee Ann
Lee Ann
www.werenotafraid.com
A couple of things to think about.
1.