Posts tagged as:

spouse

When it hits the wall who gets splattered?

by Moneyproblems TipsFri Oct 01, 2010 bankruptcy Canada

A lot of people are afraid to take action to resolve their debt because they are worried about who will be affected. It’s important to understand that only the debt that you  sign for can directly affect you.
Even if you are married your spouse can not be made responsible for your debt unless they agreed [...]

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Being married to someone does not mean you are married to their debt

by Moneyproblems TipsWed Mar 10, 2010 Collection Agencies

It’s a popular misconception that being married means you automatically inherit your spouse’s debt.  You don’t.  Your debt is your debt; their debt is their debt.  You are only responsible for someone else’s debt if you signed for it.
Don’t be intimidated by a bill collector saying you are responsible for another person’s debt.  Deal with [...]

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