Could I be responsible for my new husband's debts?
Full Question:
I am interested in marrying a man who is about to declare bankruptcy. I have a lot of assets. My question is this: If we should decide to marry, will I be liable for his debts? I need to be cautious about my future and cannot afford to loose any assets. Can Uncle Sam attach my resources? I am an older woman who has no one to support her so I must be cautious about my future.
05/15/2007 |
Category: Marriage |
State: Texas |
#4877
Answer:
You are wise to think about this. I don't think there would be issues with your being liable for his past debts but there could be issues for future, as well as tax issues. Suggest you discuss with an accountant, as well as a local attorney before you act.
