I am getting married this fall, I have charge card bills and want to know if new husband will be legally responsible for these bills because we have gotten married, as I incurred these bills before we even knew each other. I want to take care of these bills on my own.
2007-06-26 01:29:13 · 6 answers · asked by HorseLover 1 in Business & Finance ➔ Personal Finance
The days of a husband being responsibility for his wife's finances are long gone. He's responsible for the accounts which have his name on them (regardless of marital status) so, unless you add him and he agrees to be added as an additional signer, the answer is NO.
2007-06-26 01:36:06 · answer #1 · answered by Ted 7 · 1⤊ 0⤋
If the bills are in your name, they have to come after you for the money. HOWEVER, if they get a court ordered judgement against you, and you have a joint checking/savings w/your husband, they can and will take that money. If you are joint owners on your home, they can place a lien against it.
Also, if you decide to co-sign on a new loan together, you poor credit will drop your chances of getting a loan as well as increase the interest rate.
The logical answer would be to have him put things in his name, however as a woman I strongly advise against the marital things all going into the husband's name. Protect yourself and go joint, or finance your own car etc.
2007-06-26 01:42:44 · answer #2 · answered by Stephanie J 5 · 0⤊ 1⤋
NO!! What debts you bring into the marriage are yours unless you add him to the account. The same holds true for assets. What you bring into the marriage is yours, what he brings into the marriage is his, and anything acquired after the marriage is community property. Now, if this is a secured debt, and you default, they can come after your soley owned unencumbered assets, but they cannot come after something like say a home or a paid off car thats in BOTH of your names.
2007-06-26 01:48:16 · answer #3 · answered by Sane 6 · 0⤊ 0⤋
Your bills, your problem. he is not responisble for your bills, married or not. The law will back this up.
2007-06-26 01:36:46 · answer #4 · answered by Lilly 5 · 1⤊ 0⤋
legally if you are married and all assets are joint he is partly responsible. ethically i believe whoever incurred the debt should be solely responsible.
2007-06-26 01:33:02 · answer #5 · answered by lovelyc 2 · 0⤊ 2⤋
of course he is,it is a business you are entering and he deserves to know about all your money and how much you owe.
2007-06-26 01:32:56 · answer #6 · answered by Bill L 3 · 0⤊ 2⤋