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Second marriage / financial debt
 

tdlb21
New User

Sep 1, 2005, 2:59 PM

Post #1 of 2 (3029 views)

     Second marriage / financial debt  

Hello, this will be the second marriage for meand my fiance. I am financially secure, have very little debt and a nice sized savings account. He went through a messy divorce, was left with $20,000 credit card debt,$65,000 owed on a home worth $60,000, and has no savings account. Once we are married, does his debt become mine? Should 5 years down the road something happen to break our marriage up (happened before, could happen again), would his debt be my responsiblity if I am able to make his payments and he is not? Would his 'pre-marital' debt enter in anywhere?

Thanks in advance.....

(This post was edited by the_admin on Sep 4, 2005, 7:13 AM)


Legal
GettingRemarried.com Legal Advisor

Sep 2, 2005, 11:28 AM

Post #2 of 2 (3018 views)

     Re: [tdlb21] Second marriage / financial debt [In reply to]  

This could happen if you don't protect your interest with a prenuptial agreement. You and your fiance should hire separate attorneys and begin this process.
M. Giordano
Legal Advisor

 
 
 

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