It depends on the state law. Generally, the answer is no. keeping accounts separate after marriage is a good idea.
No. Debts incurred before marriage are the responsibility of the person who made the debt.
A spouse can be affected by such debts, however, if he or she shares a joint bank account or are joint owners of real property.
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.
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.
Only if you signed as a co-guarantor. Otherwise, no.
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 !
No, however if you hold any joint assets, before or after marriage, such as a home, car or bank account they can be garnished or levied by the creditor regardless of who else is named on the asset.
In general, you are not responsible for your spouse's debts that were incurred before you were married. However, there may be exceptions depending on the laws in your state and if you live in a community property state where joint assets could be at risk. It is advisable to consult with a legal professional for specific guidance on your situation.
Usually both parties are responsible for tax debts during the marriage. A spouse might not be responsible for taxes owed before the marriage.
It depends on what country you are writing this from.
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.
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.
The wife is not directly responsible unless she is on the contract. Most rules state that the spouse benefits from the debts and can be held responsible. The estate has to pay the debts before she can inherit anything.
Only if you signed as a co-guarantor. Otherwise, no.
Kentucky requires that debts be resolved before an estate is settled. That means the bills have to be paid before anything can be distributed.
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 !
No. In ancient Athens, women were considered the property of their husbands and before that, the property of their fathers. Marriage was not supposed to be a love match, and women could not by themselves undertake any legal procedure, including divorce.
The law on this point is very clear , you are not liable for your husbands tax blunders made before the marriage, in fact even if he has taken a loan you need not pay for it also. You will come in the picture only when you are legally married to him.
The spouse is not directly responsible, unless they have co-signed for the services. The estate is responsible for settling all medical bills in Oregon. So before the spouse can inherit anything, the estate has to pay the bills.