Legal Question in Credit and Debt Law in California
if i'm in debt big time and get married, will the debt pass to my wife. i know there are community and separate assets but are debts the same??
Asked on 7/29/10, 6:29 pm
2 Answers from Attorneys
Joe Marman
Law Office of Joseph Marman
Debts from before your marriage are separate property and will not be chargeable to your new wife. Debts after the marriage could well be considered community property debts.
Answered on 8/03/10, 6:47 pm
Mr. Marman is mostly right. The trouble is that community assets can be reached to pay the separate property debt in many cases. If you bring a lot of debt to a marriage and she is debt free or relatively so, do a good pre-nup and stick to it to give her the most protection possible.
Answered on 8/03/10, 6:52 pm
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
