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When you get married, your accept your spouse "for better or for worse." Sometimes this means that your new husband or wife enters into your marriage with significant debt. Can you as the spouse ever be held liable for this debt.
The answer to this question is "no." You cannot be held responsible for another person's debt unless you voluntarily agree to take on those obligations.
As a practical matter, however, this means that you should avoid opening a joint check
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Attorney, Justice Of The Peace Held Liable For Damages In Now-Deceased Husband's Forgery Of Wife's Signature To Refinance Home
In New South Wales, Australia, On Line Opinion reports:[W]hen [Kaylene] Hall's husband found himself in financial difficulties, he told a friend he would refinance the family home to pay his debts...
Can I Protect My LLC From Tax Debts If I File a Chapter 13
You can try. You will be held personally liable for some of your LLC?s tax debts. Examples include sales tax, and the trust fund portion of employee withholding taxes. If you file a personal Chapter 13 (an LLC cannot file a Chapter 13), you can put your personal liability for the LLC?s taxes into your [...
Allison v. Allison, Marital/Nonmarital Propert And Debts, Attorney Fees
ALLISON V. ALLISON DIVORCE: MARITAL/NONMARITAL CHARACTERIZATION OF PROPERTY AND DEBTS; ATTORNEY FEES 2006-CA-001967. PUBLISHED: AFFIRMING IN PART AND VACATING IN PART AND REMANDING PANEL: BUCKINGHAM, PRESIDING; THOMPSON AND HENRY CONCUR COUNTY: FAYETTE DATE RENDERED: 02/15/2008 Ex-Husband appealed from TC?s orders relating to marital/nonmarital nature of his family's business, the marital/nonmarital nature of a $66,714 debt allegedly owed by Ex-Wife to her mother, and the award of attorney and expert witness fees...
Mediated separation agreeement: RAISOR V. RAISOR (COA 1/18/2008)
RAISOR V. RAISOR FAMILY LAW: Separation and property settlement agreements (mediated) 2006-CA-001935 PUBLISHED: AFFIRMING PANEL: DIXON PRESIDING; STUMBO, WINE CONCUR COUNTY: SPENCER DATE RENDERED: 01/18/2008 Ex-Wife appealed from TC?s order adopting the Separation and Property Settlement Agreement between Ex-Wife and Ex-Husband...
MO: Absent objecting target of search can't invoke Randolph
Absent objecting defendant did not stand in the position of the present and objecting target in Randolph. State v. Oliver, 2008 Mo. App. LEXIS 1756 (December 16, 2008): Fourth, there is no obligation that the officers had to tell Wife that Appellant had previously refused to give his consent to search...
U.S.Trustee Seminar Helps Clarify Means Test Exemptions
The U.S. Trustee?s office in Orlando held a seminar to discuss their application of the Means Test. Among many interesting topics were the characterization of debts as either consumer debts or business debts...
Ruth Madoff Withdrew $15.5 Million before Husband's Arrest
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Ruth Madoff, Bernard's wife, reportedly withdrew $15.5 million from a brokerage account in the weeks before her husband's arrest, $10 million of it the day before. NYTimes, Wife Withdrew Millions Before Madoff?s Arrest.