When my husband and his previous wife divorced they each quit paying for debts that were in the others' name. He and his ex-wife are being taken to court over a piece of equipment that was leased and never paid for and never returned. Could this have an effect on me, personally, since it happened before we were married?
2007-02-03 09:52:15 · 8 answers · asked by Kimber 1 in Business & Finance ➔ Credit
We live in AL and he and his ex-wife are self employed. I am not self employed and am worried about the creditors will garnish my wages. I did not know about the debts before we were married.
2007-02-03 14:05:13 · update #1
While this may affect your relationship personally because of the struggles and issues it may cause, since you did not say which state you are in, nobody can really answer you. Many states have laws to guard against such injustices and many have laws that perpetrate the injustices. If you live in a state that allows your husband's previous credit history to affect yours, MOVE or try to get those types of laws off the books.
2007-02-03 12:14:49 · answer #1 · answered by nebula7693 4 · 0⤊ 0⤋
Husband debts before we married?
2014-12-18 12:58:37 · answer #2 · answered by Anonymous · 0⤊ 0⤋
This will affect you as you are married to the guy and have to walk beside him as he struggles with this.
Guess it's stupid to ask WHY NOT RETURN IT!
Guess when we get married, we need to see all the baggage that is brought into a relationship so we know whether to go forward or not.
Unfortunately, my 26 years is ending this month or next - we are still friends and have split everything up already - all we need is the judge's date and signature. (my heart is broken)
So sorry your better half did not have the same deal.
best of luck
2007-02-03 10:04:40 · answer #3 · answered by tom4bucs 7 · 0⤊ 0⤋
If the debt is on something both of you've signed jointly and agreed to pay..convinced, try to be responsible for his charges. contained in the U. S. 2 people getting married who've alot of debt ought to not report taxes jointly with the IRS in case a number of that debt you probably did not learn about incorporates funds to the IRS. verify state regulation the position you stay and ask the lenders promptly at the same time as it includes charge playing cards. in case you percentage an account with him regarding charge playing cards.. immediately get your call off of it and get your human being and ensure IN WRITING that you tell his previous borrowers you at the instantaneous are not responsible for charges he incurred before you and he married and not in any respect for charges he incurred that you probably did not conform to pay. i'm not particular yet in case you percentage a credit account with him... then you absolutely percentage the debt. call an lawyer instantly and discover out. no decide on to attend. do not report jointly ( taxes ) with him till you're particular all the charges are finis. you may verify with the IRS about this. They absolutely understand better effective than I.
2016-12-03 10:09:13 · answer #4 · answered by ? 4 · 0⤊ 0⤋
sure it will.
Lets just say that he goes to court and he and his wife are found equally responsible.
If the court or the creditor decides to garnish his wages, THAT WILL EFFECT YOU!
If he makes 3k a month and the court decides to take 2k, that will effect you!
now he cant pay his half of whatever because he wont h ave the money.
It is done, you married him
I know it is hard but please try hard not to be angry against him (or her for this)
the sooner it is paid the quicker you can place it in the past and move forward.
GOod luck in your marriage.
2007-02-03 10:00:50 · answer #5 · answered by kissmymiddlefinger 5 · 0⤊ 0⤋
Oh, yes, it can. Marriage is in part a business partnership. You take on each others debts... don't doubt that. Wait until he clears up his past. Good luck!
2007-02-03 10:00:22 · answer #6 · answered by mJc 7 · 0⤊ 0⤋
If the equipment was leased while they were married and is in his possesion or name, then yes, it could affect you. If the equipment is in her possession the answer is maybe. It depends on the decree and who was responsible for which debts. Check his divorce decree and have him check his credit report and dispute it if it appears and was not his responsibility.
2007-02-03 10:03:39 · answer #7 · answered by christopherscott3 2 · 0⤊ 0⤋
Absolutely, If you take his name you take all the baggage that comes with his name. I know this stinks but I can assure you that is the way it is unless you do a prenup before you tie the knot!
2007-02-03 10:00:38 · answer #8 · answered by tbird 3 · 1⤊ 0⤋
on any joint account
2007-02-03 09:59:48 · answer #9 · answered by Anonymous · 1⤊ 0⤋