Am I liable for my husbands debts?
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Am I liable for my husbands debts?
He is finacial irresponsible. I am getting our marriage annulled and I want to know how to protect myself and assets.
Asked on September 29, 2012 under Family Law, North Carolina
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
Under the laws of all states in this country debts of one spouse incurred during the marriage are the marital obligations of both spouses to be paid from marital assets of the couple assuming there are enough of such assets to pay down such debt. Otherwise the debt is then to be paid from personal assets of the the spouse that incurred such debt during the marriage.
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