No. However, if a creditor sues the debtor and wins a judgment, in most cases the judgment can be executed against joint marital property, such as bank accounts. Therefore, a new spouse can be affected by the premarital debts of their partner.
No. A spouse is not responsible for their spouse's debts that were incurred prior to marriage. The only debt that can be shared post-marriage that was incurred pre-marriage would be debt on an account that you became a joint account holder on after marriage.
No you are responsible for his debt prior to marriage. Keep in mind that each come to the marriage with their own personal credit history. You are only responsible for joint accounts. Credit obtained in both names.
Absolutely not ! Whether you're single, engaged or married YOU are responsible for your OWN debt ! Even after you get married - your spouse is NOT responsible for debt YOU owe !
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
If you are a joint applicant, then yes, but if the card is not in your name, then no.
Under South Carolina law, debt that is incurred during a marriage is presumed to be marital debt. This would mean that both spouses are legally obligated for their share of the debt, regardless of the listed individual to the debt.
Both of the spouses are responsible for the debt. They both benefited from the debt, so they are held responsibility.
No. A spouse is not responsible for their spouse's debts that were incurred prior to marriage. The only debt that can be shared post-marriage that was incurred pre-marriage would be debt on an account that you became a joint account holder on after marriage.
No you are responsible for his debt prior to marriage. Keep in mind that each come to the marriage with their own personal credit history. You are only responsible for joint accounts. Credit obtained in both names.
Absolutely not ! Whether you're single, engaged or married YOU are responsible for your OWN debt ! Even after you get married - your spouse is NOT responsible for debt YOU owe !
The debts are considered to benefit both spouses. They will have a responsibility to resolve them.
No.
The basic assumption is that yes, the spouse is jointly responsible. It is assumed that both spouses will benefit from the transactions.
The spouse is considered to benefit from the debt. Yes, the spouses share responsibility.
yes usually the spouse is
Whoever had the debt is responsible. Any carry over debts do not count in the marriage. What you both get into debt together is what counts.
no nobody is responsible