Monday, September 22, 2014

My ex-husband and I are considering re-marrying. In the 20 plus years since our divorce, he has been less than responsible with money. If we...

Question

My ex-husband and I are considering re-marrying. In the 20 plus years since our divorce, he has been less than responsible with money. If we remarry, would I be responsible for debts he incurred while we were not married?



Answer

No, you would not be responsible for any debt he had prior to your second marriage. However, should seriously consider the financial risks of remarrying someone you know has difficulty managing their financial affairs. Any debt he acquires during the new marriage is community property. You would be responsible for any debt while married to him that was created at that time.



Answer

His creditors can look to his separate property and all of your community property to satisfy any premarital debts.



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