Yes you incur all their debt once you marry
2006-10-04 09:00:55
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answer #1
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answered by Rez 5
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Any debts solely in your name are your debts ONLY. Same with a spouse. You can file bankruptcy and it does not affect your spouse's credit. The only time debts are affected by BOTH people is if both your names are on it and one of you are a co-signer. This is one of the areas where the law does not see a married couple as one. One person could work and be supporting the family and the other may not be able to.
I've been there and done that. My debts are cleared up and I'm establishing credit and doing extremely well. My husband has medical bills but his credit is so bad he will have to file for bankruptcy.
2006-10-04 09:01:34
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answer #2
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answered by Erica, AKA Stretch 6
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I believe, legally, the debts are associated with a name and social security number. So your solo debts are yours and his are his, however..... most collection agencies will not hesitate to demand payment from the spouse and most couples pool their money to pay bills when married so his debts would then affect you. Also any joint purchases made in future (car, house, etc) would be decided using BOTH of your credit scores. Check your local and state laws for verification
....For richer or poorer.
2006-10-04 09:06:16
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answer #3
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answered by Anonymous
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Yes more than likely it will. It varies state to state in the U.S.. However most creditors consider his debt your debt. Even if you are not legally responsible you might be harassed. Also consider that with his debt comes his stress and that would affect your relationship.
2006-10-04 08:58:34
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answer #4
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answered by waitingtoexhale 1
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Depends, but chances are that yes, it will. It can depend on who the debt is with. Also, if you divorce, I believe the debts are considered "community property" (though I may be mistaken on that).
2006-10-04 09:10:25
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answer #5
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answered by Anonymous
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Yes, because when you make a big purchase in the future, like buying a house, they will put the house under both names, therefore, going to run both credits, and figuire out the high interest cost!
Marry somone with good credit and a good job.
I'm a dad, and I won't let my pretty girls just marry any jerk!
2006-10-04 08:59:03
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answer #6
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answered by ? 4
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Just don't get joint accounts until your other has their credid history fixed. Your credit is fine, and getting approvals won't be a problem, but it just may be a little difficult to get joint approvals for things like car loans and mortgages. Oh and try your best to let them fix their credit with their own money before you get married, cause they may be looking to the marriage as a way of getting you to help pay for some of their mistakes. GOOD LUCK!!!
2006-10-04 09:08:36
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answer #7
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answered by afafae25 4
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Yes, it does because if you want to buy a house or car you have to rethink about it and see if you both can really afford it. In some ways it does affect you!
2006-10-04 09:20:48
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answer #8
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answered by slai171 2
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generally speaking, marry someone and you also marry their debt.
2006-10-04 09:46:04
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answer #9
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answered by regizzy 5
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yes his debt becomes yours, in time his debt will began to show up on your credit report. NEVER get any joint accounts but that alone will not keep his debt from creeping over on your credit report.
2006-10-04 09:10:39
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answer #10
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answered by zqx357 5
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