When you marry does one person become responsible for the other persons debt.?
112383
It was before the marriage then it stays before the marriage.
782588
It's pretty much up to the individual.  Back in the day (decades ago) every thing was paid for so when you got paid you had nothing to spend it on.  If you were wise you saved it, otherwise they would go on spending sprees which usually involved booze and other unmentionables.  If the individual is married it's no different than being married to someone in the military as far as the time apart is concerned.
476226
This can be a very big issue. A lot of marriages end over money issues. You two have GOT to sit down, put aside all specific issues at first, and concentrate on coming to an agreement on how you both are going to handle financial situations, especially large purchases. You have to come to an agreement on how the one will ask the other and define each of your boundaries. Then agree on how you will compromise. Above all, agree that you will first respect one another. Lay down the selfishness. THINGS are never as important as PEOPLE, especially the person you married. This said, it stands to reason that things should never come before each other. After you agree on how to communicate and compromise, then introduce specific issues.
761349
Usually when you get married you put the 2 incomes together.  But dont forget about your other expenses also, food, utilities, any credit cards, food, and all the little extras.  Being newly married is tough enough without financial problems...don't get in to deep to quick!  Good Luck!
894943
All depends.  In my personal case - two works better.  I am fairly self dependent & I couldn't handle the thought of being supported by another person - even if that person is my husband. I want to contribute equally both towards the material things that we have & to our future retirements.
144590
I already keep the state out of my marriage. I would like to think I am responsible enough to maintain my marriage without the government butting in. But I think that a lot people need someone/thing to act as a mediator when their marriages dissolve, so they turn to the state. Doesn't mean they should, but...
557598
Not if either one of you are married.
332385
Either the living spouse pays it off or either they will collect off the estate...C
85862
No. The childs father is responsible. But first how old is the child and the father. Its possible that the father's parents may have to pay for a while. Its also possable that the father may be put in jail. Depends on the age. A LITTLE MORE information would really be helpful.
483335
well its up to you if you get married or not
50242
From your name, I take it you are the Dad.  Etiquette says the father of the bride is responsible for half the wedding.  But, nowhere does it say you have to pay for half of the most glorious wedding your town has ever seen.  I say pay what you are comfortable paying.  Let your daughter know real early what she can expect, so she take it into account before making plans.  If that isn't good enough, if she isn't appreciative of your situation, don't feel too guilty.  Her priorities aren't where they should be.
282042
1) Depends primarily on whether the debt was incurred before or after marriage (or partially both)\n2) Also depends on your state law (whether the debt is characterised as community property)\n3) May also depend on whether the borrowing was made against community property assets (e.g. credit card debt, student loan, personal loan vs. remortgage, home equity loan, loan against 401K or stock).\n\nProbably you mean a CC debt from before a marriage?\nIn which case the answer is probably no.\nHowever *beware* that lenders may still try to recover against the other (more responsible?) spouse and this may damage your credit. So make sure your lack of liability is spelled out in any legal settlement or MSA.
320708
If the person has a house, life insurance or assets the debts can be paid from them. If the person is married the debts may be transferred to the spouse (depending on what they are). If the person isn't married, has no money or assets they probably won't be paid but if the people and places owed money have their insurance they may be able to collect from them.
910776
YES.  As long as you are still married and not LEGALLY separated both debts and assets are divided equally between the parties.\n\nIf there are reasons you need to stay married, get a legal separation so you can LEGALLY be separate from each other's debts and obligations.\n\nHealth insurance is one reason may people do not divorce.  A legal separation can keep the benefits, but you won't be bound by the financial burdens of each other.
587320
Negative. Your credit reports remain two seperate entities when you are married. Reports do not transfer until you both have your names signed on a debt, like a home or a car.
599542
It is a federal law not state. Any debt incurred to either parties while married become the dual responsibility of both partys, weither a signed agreemnt is vild or not. THe dad is responsible for the morgage if it goes into default. So long as your friends parents are married. There is nothing he can do about this short of filling for bankruptcy. He must continue the payments, if it goes into default its his tail. Simillar things happen if on parent filles for bankruptcy and the other doesn't. Then all the bills accrued in the one parents name now automatically get switched to the spouse. Its not fair but it is the way it is.
222042
You you can.  But it's still going to take a lawyer to help divide the debts between you and your husband.\n\nYou also need to contact your bankruptcy lawyer and trustee, because it's going to have a drastic effect on you "plan".