There are two instances when one spouse is responsible for the other one's debts. If the account(s) are joint or if the married couple reside in a community property state. Married couples who do not reside in a CP state and do not hold joint accounts are NOT responsible for each other's debts. Generally all debts and assets acquired during a marriage by couples living in CP states are owned and owed by both, however a few CP states have procedures for making an "innocent spouse" claim. Consulting the laws of the state of residency which pertain to creditor/debtor issues should help obtain more specific information. Another option is to obtain the advice of an attorney, most offer free or minimal rate consultations. Some states have consumer affairs departments that can explain the responsibility of spouses concerning financial issues.
Yes, you are responsible for the debt of someone you marry. When you marry someone you give all you have, and they give all they have.
yes. when one gets married their expenses, and debt goes to their spouse as well.
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.
"If a divorce order stipulates that the defendant forfeits all benefits of the marriage and is responsible for all debts incurred in marriage Does the defendant have to sign the papers in order to sell?"
Whoever owns the credit card
Only if you signed as a co-guarantor. Otherwise, no.
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.
While your spouse may still have some incurred liability from a previous marriage, you, yourself, as an individual, are not.
No, debts incurred before marriage do not become the joint responsibility of a new spouse.
Yes, in Oklahoma a spouse is responsible for their exes debt during marriage. If the debt benefited both parties than both parties must pay. An attorney can help you explore your options.
No. Debts incurred before the marriage belong to the individual, those made jointly during a marriage belong to both. Married couples who reside in a community property state are generally held accountable for debts made during the marriage regardless of which spouse actually incurred the debt(s). (Texas and Wisconsin do not treat all marital debt in the same manner as do the other community property states).
Yes. STATED BY AUTHOR
Not unless the spouse signed the debt paperwork. However, will they chase one spouse to get to the other spouse, yes they will.