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Marrying my OH who has debt
maggie_12
Posts: 29 Forumite
Hi folks, I've been posting on a few of the other forums and suggested I post here too.:money:
To cut a long story short, I would like to set a date and finally marry my OH (we were to be married before but my mum passed away and I just couldn't commit at the time).
My only worry now is that I am marrying into debt. It's not an out of control amount and is being paid off via a trust deed (now only 2.5 years left to pay). I want to get married within a year as I don't want to the costs to get out of control as time goes on plus I really don't like planning a wedding for too long.
We have no current financial link (e.g. no joint bank a/c, mortgage is in my name etc), will we be financially linked by being married? And is there any situation you can think of where I might somehow become responsible for his debt? Any ideas?
x
To cut a long story short, I would like to set a date and finally marry my OH (we were to be married before but my mum passed away and I just couldn't commit at the time).
My only worry now is that I am marrying into debt. It's not an out of control amount and is being paid off via a trust deed (now only 2.5 years left to pay). I want to get married within a year as I don't want to the costs to get out of control as time goes on plus I really don't like planning a wedding for too long.
We have no current financial link (e.g. no joint bank a/c, mortgage is in my name etc), will we be financially linked by being married? And is there any situation you can think of where I might somehow become responsible for his debt? Any ideas?
x
0
Comments
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As far as I'm aware, marrying someone won't create a financial link to them, only if you have joint financial products. I'm sure someone will correct me if I'm wrong but as far as I understand it you only become linked by joint financial products.DFW by end of June 2016...! LBM June 2011
Debts start July 2011:[STRIKE]£53,846[/STRIKE] £31,716 (41%)0 -
Your problem will come if you want a joint mortgage. Otherwise, keeping your finances separate is the way to go.If you've have not made a mistake, you've made nothing0
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