yesget the quick claim deed
Alabama is not a community property state, the surviving spouse is not responsible for creditor debt unless he or she was a joint account holder.
No my spouse does not, yours might.
That is decided by the LENDER.
If a spouse has a credit card in their own name & the other spouse isn't listed on it, bad credit won't affect the second spouse. But, if you both apply for a loan or other credit - the credit bureau will check both parties credit reports.
No, your credit rating is separate from your spouse. If he or she cosigns it will only effect his or her credit rating.
In most states, real estate can only be forfeited through divorce, in which case one spouse issues a quitclaim deed in order to disclaim any interest in the property. However, a spouse may voluntarily give up rights to such property by signing a quitclaim deed.
If you trying to buy a house together, yes, his credit will be taken into consideration and you may have to pay a higher mortgage rate. If you are trying to buy anything together because you need to consider his salary you may have problems. But just cause you are married to him does't automatically affect your credit. But he could potentially harm your credit if he defaults on any loans while you are married. Being married alone makes you accountable for what he does during your marriage in many cases.
That is the decision of a lender not the spouse who wishes to prevent the action.
the surviving spouse receives an equal portion as each child.
none. how does putting your spouse in your debt help their score?
The estate of the credit card holder. If the surviving spouse was an approved user, or co-signee they would also be responsible.
No. When you get married, your credit reports are the same as they were when you were single. The actions you take WHILE married, however, may influence your credit score. In States that are considered "Community Property" or "Marital Property" (there are nine in the US), the spouse must always be included on any new loans. Accordingly, if your spouse decides to apply for credit, your credit score will be a component of whether or not your spouse is approved. Also, if your spouse does not pay that bill on time or skips a payment, your credit report will be impacted.
If you recently filed for a divorce in alabama,can you still live in the house with your spouse
You can do it online with one of the credit companies.
Half and half.
Yes. STATED BY AUTHOR
If you filled out any applications for credit and said you were married -or- if you have any joint credit with your spouse, it will be on your credit report.
Debts of the spouse are considered to have benefited both of them. He can be held responsible for the debts.
No, this would be fraud on the creditors and they can sue to have the transaction rescinded or nullified.
yes they can
Not unless both parties signed the credit agreement etc.
If your spouse is incarcerated in an Alabama prison and sentenced to more than a year and a day,can you get a divorce for free or for a dollar?