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aprlshwrs
recently joined


Reged: 04/29/07
Posts: 4
Need info how debt is distributed
      #228050 - 04/29/07 02:30 PM

My husband and I have only been married for 1 year, but lived to together for 3 years. The 1st two years I worked more than him and made more than him until right after my son was born Feb.'06. Last year we made the same amt. He is a poor money manager and so all of our credit accounts have been in my name because of his bad credit. If we get a divorce, am I going to be the one stuck with all this debt? We don't own a home together but I do have a piece of property in my name that my mother gave me before I met my husband.

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JennyLynn
Carpal \'Tunnel
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Reged: 07/14/05
Posts: 31656
Re: Need info how debt is distributed [Re: aprlshwrs]
      #229025 - 05/01/07 12:43 PM

If it was debt you incurred while you were married, it should be considered a marital debt, even if just in your name, I believe.

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txks1151
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Reged: 03/26/07
Posts: 210
Re: Need info how debt is distributed [Re: JennyLynn]
      #229469 - 05/02/07 12:28 AM

If you live in FL, the primary breadwinner will most likely get stuck with it..

Unless it's you, then expect a 50-50 split.


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