After you get married, are you resposible for his/her credit card debts / bad debts etc?

After you get married, are you resposible for his/her credit card debts / bad debts etc?

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Absolutely not.

As a married couple, you might choose to share bills and therefore share the responsibility or paying off debt. But in the event that your marriage dissolves, each person will be responsible for whatever debt they incurred BEFORE you were married. You will be 50% responsible for debts incurred during the marriage.

This is also true for assetts. Anything you bring into the marriage will again be 100% yours after the marriage is over.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

technically yes unless you divorce. If they default on something the creditor can come after you. If you divorce, each leaves the marriage with the bad debt they came in with and split anything that acrued during the marriage

After you get married, are you resposible for his/her credit card debts / bad debts etc?

unfortunately

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Yep, when you marry someone you take on everything, unless there is a prenup that states otherwise.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

If you marry someone with credit card debt or school loans, I think both of you are responsible for each other. Basically, when you get married and plan on buying a house together or cars, etc. You need to be aware of the other person%26#039;s debt.

Personally, I would help to clean up my Fi/husband%26#039;s debt, if I were in a marriage. I would like to see all the debt go away, so we can get on with paying monthly utilities/mortgage, etc.

I would put all of the debt issues (credit card bill and loans) into the monthly budget. When I was paying the light bill, I%26#039;d figure out how much to put towards those bills too.

Marriage is a partnership. If one is in debt, so is the other.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

if your significant other has a lot of debt, you might want to get a prenup and keep your finances separate.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Yup! :)

yeah if you get married and say you have like a perfect credit rating and your spouse%26#039;s credit rating is lousy..

your credit rating will go down

After you get married, are you resposible for his/her credit card debts / bad debts etc?

pretty much! but you guys can work something out to get it paid.. If you both agree that they pays for it with their own money then that is fine. but if you want to help them pay it off, then that is up to you. My husband was in big time debt before we got married...and i am now helping him pay it off.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Once you are married, regardless of a prenup or any other %26quot;contract,%26quot; in the eyes of the credit system, you are just as responsible for that debt as the person who incurred it. It can affect your credit score as well.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Yes...you are then responcible for the bills and credit. And trust me...divorce does not get you out of it. When I got divorced...his bills even though they were previous to the year we got married, my name was still attached to them. It has taken me YEARS to get this fixed and I am still about 3,000.00 away from being done! It has been a long, hard struggle, funny thing....I had A+ credit when I got married and right now...I probably couldn%26#039;t by a pet on payments from Petsmart!

After you get married, are you resposible for his/her credit card debts / bad debts etc?

People above are talking about what happens after you divorce- and that really varies by state, some of what people have already posted may not be true where you live (I know it%26#039;s not true where I live!).

If you have concerns about debt (either yours or his), then the best thing to do is sit down and create a plan for getting out of debt that you are both comfortable with. You are marrying this person, so in a broader sense, his problems become yours- it%26#039;s up to both of you to work it out together. Get a plan in place before you get married, so you both have reasonable expectations. This will prevent you from becoming resentful of each other.

Good luck

After you get married, are you resposible for his/her credit card debts / bad debts etc?

If you are in a community property state, then yes. You may want to sign a prenup to protect the individual who did not incur the debt.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Yeah unfortunately their credit is your credit. I am going through the same thing with my husband. I am really getting on him to take care of everything and he is doing a really good job. So within this year I should be in the clear.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

Unless you are on a credit card with them or some kind of credit account jointly, NO. You are not responsible for prior debts. Good luck to you.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

You better make sure that he/she clears that mess up prior to the two of you getting married. You will be responsible for anything that is in both of your names. And if one of you has bad credit, you will have a really hard time getting approved for major loans (cars, mortgages, etc.).

After you get married, are you resposible for his/her credit card debts / bad debts etc?

NOPE! Not unless you had a joint account before you got married.. Creditors can%26#039;t come after you. My suggestion would be to get a pre-nup to protect your finances. good luck.

After you get married, are you resposible for his/her credit card debts / bad debts etc?

technically yes. but you should of realized that before getting married. i also had credit card debt and i made sure to tell my hubby about it before getting married. he paid all my debts off before the wedding. i consider myself very lucky.