What is the name of your state? PA
Lets say that I have excellent credit and my fiance' has issues. He is nowhere near bankruptcy but with his late payments and very high interest credit cards, it is causing problems. Once we become married, if I put my name on his checking and savings accounts, will that hurt me in any way? We are NOT talking about a joint purchase like a home, etc. I am talking about if I am his wife and my name is on his checking account, am I liable in any way for his debt issues?
Example: He does not pay his one credit card bill for 2 months (his name only on the credit card), but, the creditor sees that my name is on his checking account. Is my credit at stake "OR" even worse, they see that I have my OWN separate checking account (on top of the joint one) with just my name on it and they come after me under that account for the money?
What is the name of your state?What is the name of your state?
Lets say that I have excellent credit and my fiance' has issues. He is nowhere near bankruptcy but with his late payments and very high interest credit cards, it is causing problems. Once we become married, if I put my name on his checking and savings accounts, will that hurt me in any way? We are NOT talking about a joint purchase like a home, etc. I am talking about if I am his wife and my name is on his checking account, am I liable in any way for his debt issues?
Example: He does not pay his one credit card bill for 2 months (his name only on the credit card), but, the creditor sees that my name is on his checking account. Is my credit at stake "OR" even worse, they see that I have my OWN separate checking account (on top of the joint one) with just my name on it and they come after me under that account for the money?
What is the name of your state?What is the name of your state?