Am I Responsible for My New Spouse’s Debts?

This question is a very common one, and it is, unfortunately, often the basis for uncomfortable discussions between those wishing to marry.

To read more about whether you are liable for a spouse’s debt or a prospective spouse’s debt, click here to read our full article on this subject on the new Michigan Bankruptcy Blog of The Hilla Law Firm, PLLC.

If you are a southeast Michigan resident and are considering filing for bankruptcy, please contact us at (866) 674-2317 or john@hillalaw.com to schedule a free, initial consultation.

2 responses to “Am I Responsible for My New Spouse’s Debts?

  1. Hi, Kerri:

    If I understand your question properly, you are asking whether a 3rd party creditor can sieze property you are still making payments on or otherwise interfere with your payments for that property (a car, in this case)? If that’s correct, the answer is no. That 3rd party creditor would not have a superior lien on the property over the creditor to whom you are making your cay payments. Rather, if that 3rd party creditor obtained a judgment against you, that creditor would likely garnish your bank account, wages, or your Michigan state tax refund instead as a means of collecting the judgment.

    If you have further questions, please contact me at (248) 977-4182 or jhilla@aronofflinnell.com to schedule a free, initial consultation.

  2. Pingback: Will My Chapter 7 or Chapter 13 Bankruptcy Affect my Family? | Michigan Bankruptcy Lawyer

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s