BCE Posted June 26, 2007 Share Posted June 26, 2007 Hello, Well i am now engaged, and have soo many questions so if you can answer some of them that would be great. First my husband to be is in financial debt. He has a 26,000 hospital bill because he broke his back a year ago, and also other credit debts. He does not work and is going to school for the time being, and is hoping to get disability checks and his credit is bad. Well my question is if i marry him will my credit that is good as of now turn bad? Should i get a pre-nup? If he gets disability will it affect how many hours i can work? He tells me that he plans to file for bankruptcy. I of course plan to marry him after all that is settled, even his divorce. In the meantime i just have to wait and see what the outcome is going to be. Link to post Share on other sites
KatM Posted June 27, 2007 Share Posted June 27, 2007 you need to check into the laws of your state. in some states the debt would be his if you married him, in other states you would share his debt. i would speak to a family practice-type lawyer in your area to find out. Link to post Share on other sites
Tony T Posted June 27, 2007 Share Posted June 27, 2007 Hello, Well i am now engaged, and have soo many questions so if you can answer some of them that would be great. First my husband to be is in financial debt. He has a 26,000 hospital bill because he broke his back a year ago, and also other credit debts. He does not work and is going to school for the time being, and is hoping to get disability checks and his credit is bad. Well my question is if i marry him will my credit that is good as of now turn bad? Should i get a pre-nup? If he gets disability will it affect how many hours i can work? He tells me that he plans to file for bankruptcy. I of course plan to marry him after all that is settled, even his divorce. In the meantime i just have to wait and see what the outcome is going to be. Your credit will not be affected by any of the debts your guy incurred prior to a marriage. And as long as debt is in his name only, your own personal credit is not affected during the course of a marriage. Your credit IS ONLY AFFECTED by how you handle YOUR OWN DEBT. If, later on, you go on credit cards, mortgages, etc. with this man and there are problems with slow payment, then your personal credit will be affected. You will in no way whatsoever be affected by his disability payments. You can work as much or as little as you want. His personal bankruptcy will in no way affect you either. It may be the very best thing he could do at this point. However, don't think he's going to get any better at handling his money. You need to have a good talk with him so once his debt is canceled in a bankruptcy, he will start using credit wisely and paying his bills. Maybe you could take over the family finances. You can marry him anytime you want and his finances will not affect your record in any way...the only thing is you must wait until his divorce is final. If you have savings, or any kind of assets such as stocks, bonds, a retirement plan, etc., you bet your butt you ought to get a pre nupt. This guy may love you more than life itself but people who run up big debts irresponsibly will suck the life out of anybody close by when they need a fix of money. A pre nupt is very important if you have children of your own who you want to leave things to. Link to post Share on other sites
EnigmaXOXO Posted June 27, 2007 Share Posted June 27, 2007 What would happen in this particular situation if they should marry and purchase a house together with both of their names on the deed? If G-d Forbid, something should happen to him before he paid off all his credit card dept ... could the financiers than place a lean on the future sale of her home and/or any spousal inheritance? http://wiki.answers.com/Q/Is_another_person_responsible_for_credit_card_debt_after_death_if_there_is_life_insurance_involved In a case where a person dies and they are the only one who was the account holder, no one else is responsible for the debt. The state probate court will handle the deceased's estate and decide how assets (if any) are distributed and debts are paid. The exception would be, if the deceased was married and the couple lived in a community property state. The surviving spouse would then be responsbile for the repayment of any debt(s). Link to post Share on other sites
Krytellan Posted June 27, 2007 Share Posted June 27, 2007 The above post is important. And there aren't many states that aren't community property... 8, I think. I know PA is not a community state. Link to post Share on other sites
Raspberry Posted June 28, 2007 Share Posted June 28, 2007 What is so great about this guy that you want to marry him? From what I've read, nothing. Loser City. You can do better. Link to post Share on other sites
Mary3 Posted June 28, 2007 Share Posted June 28, 2007 You not only marry his bad credit but you marry his bad driving record too ( if he has one ) .. Link to post Share on other sites
Lezbean Posted June 28, 2007 Share Posted June 28, 2007 as far his his debt goes. She cannot be held liable for anything he incurred BEFORE they were married. Link to post Share on other sites
bassface73 Posted August 16, 2007 Share Posted August 16, 2007 Good luck with everything! If he has little money and you want to save on wedding expenses, take a look at this site, you can save big here. Link to post Share on other sites
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