my debt affect my bride

zombrak

Hi there

I am getting married next year and obviously dont want my debt to be affecting my future wife. This has got me worried as she is in the process of buying a house and the last thing i want is her to lose the house because of me. I am currently in process of trying to pay off my debts and none of them have replied to me attempting to contact them. My biggest one i have not contacted and is only year half away from me not paying it for 6 years. PLease could you give me advice so i can make sure my brides credit score and house is safe. Not marrying is not an option as she wants that more than anything

~Beanie~

The only way that you will affect your wife-to-be's credit rating is if you have any joint accounts. If all your accounts, cards and credit agreements are in sole names then you have no problem.

zombrak

so providing we keep everything seperate her house will be safe?

dancingfairy

Will you be going bankrupt do you think? The only problem I can see is if you live in the house and contribute to the mortgage in any way. If you did subsequently in a few years decide to go bankrupt then an OR may decide you have an interest in the house and want to take any of your share of the equity.
I believe that you should be o.k if you do not pay 'rent' or anything towards the mortgage nor contribute to Capital improvements. I don't think from what you've said that you are intending to go bankrupt so I can't think it's really go to be a problem for you anyway but if you are concerned then people on the bankruptcy board can assist further.
df
Edit: By the way that is my chance of winning the lottery/getting hit by lightning scenario. It is technically possible but the chances are infinitesimally small.