Help Debts

Posts Tagged ‘marriage’

I understand about division of community property in Texas; however with regard to debt, I need some info. When debt is created ‘within’ the marriage and husband/wife have credit cards in both their names – courts would judge ‘equal liability’, but if husband had his credit card in His name only, and wife likewise had hers in her name only – would both be held responsible by the courts for that debt too? How would credit card company look at responsibility in case of individual cards?

Lastly, if a school loan taken out during marriage was in only the wife’s name, would the husband also be handle responsible for it …since in the long run, if they had stayed together, the ‘family’ would have benefited?

Thank you for your time and assistance. Response from lawyers, and those who have been through this would be appreciated.
20 hours ago – 3 days left to answer.

I understand about division of community property in Texas; however with regard to debt, I need some info. When debt is created ‘within’ the marriage and husband/wife have credit cards in both their names – courts would judge ‘equal liability’, but if husband had his credit card in His name only, and wife likewise had hers in her name only – would both be held responsible by the courts for that debt too? How would credit card company look at responsibility in case of individual cards?

Lastly, if a school loan taken out during marriage was in only the wife’s name, would the husband also be handle responsible for it …since in the long run, if they had stayed together, the ‘family’ would have benefited?

Thank you for your time and assistance. Response from lawyers, and those who have been through this would be appreciated.

I am happily 10 weeks pregnant. The father, my wonderful bf, and I are so happy. This was an accident. We were planning on kids in 4 years, marriage in 2. We used protection, but it just kind of happened. I am NOT a teenager, so please don’t tell me I am too young. Both Jamie and I have good, well paying jobs and are not struggling at all. We have new cars and are buying a house together (we were in the process of buying one before I found out). Well, my parents do not like this. They keeps telling me to abort or adopt. They either scream at me or ignore me, telling me that it is selfish to keep the child and that children ruin your life… Both Jamie and I have finished school and have started our careers. I have been on my job for 1 year now. Jamie has been on his for 2, and like I said, we are doing well in terms of money. We have NO debt. Jamie has paid his student loans and I paid for school out of pocket (myself, with no help from parents) and never had any loans.

I hope that paints the picture for you all. Please give me some advice on how to handle them…
Thank you all so much. I do not know why they are acting this way. I love them and i want them a part of my life and a part of the childs life, but idk if I can handle the way they are treating me… It’s not like I am 16 and pregnant… I just don’t understand. I am on my own, independant and make m own money. I have never had any debt because I am smart and pay cash for almost everything, even my car…

Go through those debt consolidation services ( i don’t qualify for a loan) or do credit repair.
I did debt consolidation once like 7 years ago but it says on your credit that your account was closed off because you’re in this program. But I don’t know how credit "repair" works….
Also, can charge offs be put into the debt consolidation programs?
I really want to fix my credit as much as possible and was on disability for like 2 years and that messed me up plus I’ve been going through a bad marriage and now a divorce but none of these are joint accounts.
I live in CA

I have no idea what to do about this. I’ve been with the same guy for four years now, and he wants me over at his place all of the time (he has a bunch of guy roommates), and gets upset if I don’t come over after a while. I’ve decided that I’m done going over and living out of my weekend bag. It’s very stressful for me, and my work is not close to his home. So naturally, I brought up moving in together. I could not have gotten a more upsetting response…

He says that we have a lot to work on before we move in together. I agree, that sometimes we get into arguments, but it’s not anything out of the normal that I haven’t experienced in past relationships. He says that it’s a big step, and he’s scared. I understand that we all feel hesitation with big steps like these, but seriously… I’ve practically been living with him for the past 4 years anyway. He used to always be at my house, and now I’m always at his… so it’s not like I wedged my things into his place… I was not ‘that girl’. Then, recently, I brought up the fact that I need to move closer to work, and I refused to pay rent somewhere, so I could go and stay at his place all of the time, or have him crash at my place for free (his lease is coming up). I’m 26, and so is he. I’m definitely not asking for marriage (bc I think marriage is overrated… I can wait on that), but I am asking for a logical next step… for us to stop playing husband and wife, and just move in together already. So what was his response? "I know you are in a lot of debt, and your parents need help when they are old, and that’s a lot to take in."

I guess the reality is that I come from a very poor background. But I’ve graduated college, and I’m working my ass off now. My career is looking good so far. I’m also working to get another degree soon. So the answer is, yes, I do have a lot of debt from being independent for so long and making entry-level wages. It’s been a tough life for me, and he has not experienced the things I have. But now I’m being punished because of my poor parents?

I’m fucking annoyed. I feel like a dumb ass for even trying to convince my boyfriend that this makes sense. Obviously, I shouldn’t move in with him anymore because he doesn’t want to. I really think he is trying to avoid being a responsible MAN. At this point, I’m wondering if I’ve just wasted four years, and if he will always be this selfish.

He basically gives me a flat-out ‘no’ on moving in together, and then talks about how much he wants me and needs me and wants to eventually have all of that. He’s a great guy: very loving, I get plenty of attention, etc. However, his excuses about moving in together worry me. I’m not sure I need to wait around for him…

…right? I could really use some advice.

I have debt. My husband does not. We don’t hold any joint accounts. He pays his bills and I pay mine (just like if we were single). I pay for groceries. He pays for his (our) house & the utilities.

My husband’s view is that my debt is my debt and mine only. He does not intend to help me pay it down in any way. I have not asked him to and am working on paying it down myself.

He tells me that I’m the reason we can’t move forward in our relationship (buy a new house/have kids) because I have to pay down my debt first.

He has the means to help me pay down my debt. And I’ve explained that if he were to do so, we could move forward in our relationship a lot sooner.

Am I wrong to think he should help me pay down my debt? How did you & your spouse handle debt incurred before marriage?

My thought is that most people combine their money into one account when they get married, they pay bills first, put some money into a savings, and then work on paying off the debt they have between them TOGETHER. Am I completely out of my mind? (Don’t worry – I won’t hold it against you if you say so!)

Help!!
More details: My husband is 35 and I’m 28. I went to a 4 year college, have federal loans (around K) at a minimal interest rate, graduated in 2006 and have 6 more years till they’re paid off. He went to a technical school & paid as he went. I use my credit card for everything and use all my cash to pay it down every month. A bad habit I started long ago and I’m working to change. I was K in debt when we got married (he knew this) and am now about K in debt 2 years later. The source of the debt is not things like Jimmy Choo’s & Prada bags, but too much spent on groceries at Walmart, too much spent on Christmas presents, too much spent on birthday cards, gifts, babyshowers, etc. He makes about K more than I do. No prenup was ever signed or anything like that. And since we’ve been married I’ve been trying to be like him & live within my means. I feel I’m doing a great job. For him, though it’s not getting paid down fast enough.

I am in an abusive marriage, My dream is to one day be able to get out of this marriage. I have been saving money and preparing for about two years now. I am completely debt free. My only issue is how I am going to support my three young children. I will not get much in child support due to the fact my husbands only income is disability. He has become depressed due to an accident he suffered a few years back, has turned to alcohol and I believe he is addicted to pain killers. Does anyone know of any college course I can take with in a years time to be able to get a decent job? I was never allowed to work during the course of the marriage. I took an EKG course, only to find out hospitals now let nurses do EKGs, so that was a waste of money. I also took a massage therapy course, another waste of money. So hard to find work. I am not interested in real estate. I am tired of dipping into the little money I have in savings to pay for wasted courses. No one will hire me without references.
I just need to find work to support my kids, and get away from this abuse. I cannot stand it anyone. I just need someone to give me a chance. Any advice on what kind of college course to take so I can get a job that will work out? I need to make enough to make it worth paying a sitter. Or anyone know any resourses that would be out there. I do not want to go to a shelter, that is no life for my kids and I do not want to lose all my furniture and stuff.