Marriage and Debt
I just got married and I was wondering if I am responsible for my partner’s old debts? The short answer is no. Just because you married each other, this does not mean that you have any liability to pay anything from your partner’s old debts. The old debts were his/hers before you got married – the liability to pay the old debts does not change. A word of caution. Do not sign anything that commits you to pay anything against your partner’s debts and do not request or accept a spousal credit card from your new partner. Keep your finances separate.
Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.