<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by latasha:
I am marrying a man that has bad credit. His credit report still shows charge off's from 1991. Can i be held liable for that debt in any way once we become one. Also, he has a son from a previous marriage since i have assets and i make more money than he does. Can his ex come after us for more child support payments. I live in California<HR></BLOCKQUOTE>
My response:
First, any debts based upon a written contract, and older than 4 years, are not collectible by the creditors unless the creditors filed a lawsuit. And, that's 4 years from the date of last payment.
Next, "new mate income" cannot be used to calculate child support unless (and there's always one of those, isn't there?) there's a "severe hardship" involved; e.g., if the mother ever has to go on Welfare of Food Stamps, that's considered a severe hardship and your income would then be used to calculate a new support order.
Seriously, I understand that you love this man and that he's the person of your dreams - - we've all been there, done that. However, you have no idea all of the problems this Union is going to cost you, both in monetary terms and emotional terms. And these problems WILL happen, and so many others. I don't want to tell you what to do with the relationship, but I do want to warn you of the many years of potential hardship ahead of you. Just don't let him handle the checkbook. Make sure you take control of the finances between you.
IAAL
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