We want to make sure all of his assets and credit remains safe. Say if he dies can they at that time seize the proprty and house? All of my bad credit will be off record in like 2-3 yrs. My debt is only 3 credit cards doctors and hospitals and no more than 12k owed.Ive bad credit %26amp; fiances is great. Can creditors put lien on property of my spouse once we are married?
His assets and credit will remain safe as long as you are not jointly on any accounts with him. Until your credit issues are straightened out, don't purchase anything together. Don't open any accounts together. Keep all of your finances, including bank accounts, separate.Ive bad credit %26amp; fiances is great. Can creditors put lien on property of my spouse once we are married?
Anything solely in his name from before the marriage is protected. However, if he dies and you are the beneficiary of the estate, it becomes your property and subject to attachment by your creditors. Also any property you acquire jointly after marriage is open to your creditors.
If you keep your finances separate, there should be no issue. However, if you live in a community property state, such as CA, any debts after you married are shared by both spouses. It would be a good idea to get your credit in order before you marry, if at all possible.
no not unless your name is on any of his stuff and/or if you co signed with him why not just file bankruptcy you can just file on yourself even if your married.
If the debts are in your name only, they can lien any property that has your name on it (sole or joint owner). If the property is solely in her name, she should be OK.
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