Legal Question in Family Law in Texas
My fiancee' has around $100,000 in debt. I am selling my home.
Will his creditors come after any profit made from the sale if sold before the wedding? What if it sells after the wedding? Am I responsible for any of his prior debts?
Asked on 11/11/09, 2:48 pm
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
You really should spend about $750 on a lawyer and get a pre-nuptial agreement.
Generally speaking, you do NOT marry a man's debts when you marry him. Debts are a personal obligation.
The proceeds of the sale of a homestead are exempt from garnishment or attachment by creditors for a period of six months after the sale (regardless of whether it's sold before or after the wedding). You should keep the money in a separate bank account that's in your name only.
Answered on 11/17/09, 5:02 pm
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