Does a husband has right to pay off his debts by using the property owned by his wife?
Full Question:
I purchased a condo last year using the legacy I received from my late grandmother. My husband wants to sell the condo to pay off a huge debt he incurred in his business. Does he have any right on the condo?
01/18/2017 |
Category: Marriage |
State: New York |
#30505
Answer:
“Property, real or personal, now owned by a married woman, or hereafter owned by a woman at the time of her marriage, or acquired by her as prescribed in this chapter, and the rents, issues, proceeds and profits thereof, shall continue to be her sole and separate property as if she were unmarried, and shall not be subject to her husband's control or disposal nor liable for his debts.”
