When you get married, you merge lives with another person. You promise you’ll stick together for better or worse, richer or poorer, in sickness and in health. But your vows don’t mention what happens to pre-existing and marital debt. Are you liable for your beloved’s debt load? Perhaps. The question is: Was the debt incurred...
The article Do You Take This Debt, for Better or Worse? originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/finance/debt-marriage-divorce-wedding-responsible-common-property-law/
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