2006-08-25 10:59:48 · 12 answers · asked by Marie 7 in Business & Finance ➔ Credit
It depends on the state you live in. If you live in communal property state (everything you own your spouse owns) then yes. However if you had the bank account before you were married and he has made no contributions to it then it should not be considered joint property and they should not be able to touch it. If his name is or was on the account than absolutely they can take it.
2006-08-25 11:06:17 · answer #1 · answered by vieveia 4 · 1⤊ 0⤋
Depends on the account structure and the type of debt. If it's a joint account then they definitely can take it, even if your spouse is just a second signer. If it's just yours then it would depend on the debt/agreement.
2006-08-25 20:21:53 · answer #2 · answered by ShouldBeWorking 6 · 0⤊ 0⤋
Creditors do not "sieze" bank accounts.
2006-08-25 18:06:12 · answer #3 · answered by ed 7 · 0⤊ 0⤋
If your name is on the debt then it can be seized or if you share the account
2006-08-25 18:03:01 · answer #4 · answered by The Steele's 3 · 0⤊ 0⤋
If her name is on the account also.
2006-08-25 18:04:53 · answer #5 · answered by Big Bear 7 · 0⤊ 0⤋
yes they can.......it's happened to me. I had to show proof that my spouse had nothing to do with my acct. He was only on there as a ck signer when I am not able to.
2006-08-25 18:02:55 · answer #6 · answered by halfyupik 1 · 0⤊ 0⤋
Yep!
2006-08-25 18:01:59 · answer #7 · answered by Anonymous · 0⤊ 0⤋
yes
Marriage is also a legal and binding financial contract where you share all financial obligations.
2006-08-25 18:05:05 · answer #8 · answered by KB 6 · 0⤊ 1⤋
DEFINITELY!
2006-08-25 19:01:47 · answer #9 · answered by sglmom 7 · 0⤊ 0⤋
yep...haha
2006-08-25 18:02:21 · answer #10 · answered by bush-deathgrip 1 · 0⤊ 0⤋