Jobs

Personal Finance

debt

With debt such as credit cards and loan (which are classed as non-priority in comparison to other debt), can creditors try to get money owed to them from my boyfriend when we are married? am i correct in saying, if the debt is in my name alone, they cant chase him? any advice greatly appreciated

jb190281 Sun 03/08/08 18:22

<< Previous

Next >>

Subscribe to question

Post an Answer

dasherman
Sun 03/08/08
19:19

You are correct that if the debt is in your name then you will have to pay it. But there could be circumstances where your husband may have to pay instead/aswell.

So if you bought a sofa in your name on your credit card,for example,but it's in the house shared by both of you,then he could also be liable.

themas
Tue 05/08/08
17:36

The previous answer is wrong. If the debt is in your sole name, only you are liable to repay it - no-one else can be made to pay it or have legal action taken against them in respect of it.

jb190281
Tue 05/08/08
21:18

Question Author

thats what i thought, thanks very much

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark