question category: Debt Collectors

I have my own money before married. My husband had a debt during our marriage would i lose m


I had my own money before married. My husband had a debt during our marriage would i lose my money? Can debt collector take my money?

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Re: I have my own money before married. My husband had a ...

The short answer should be no. But if the debts are very serious then your spouse could lose his assets - including his share of an asset held in joint names with you.

It might be possible to for a creditor to take a charging order on the marital home for example.

Most married couples plan their monthly finances together and it would make financial sense for you to help your spouse as much as you can.

There isn't enough information for me to advise on your specific situation but by all means email me.

 

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