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Q:
Will I be responsible for my spouse's debts?

If I marry someone who has debts previous to marriage will I be responsible for those debts? Thanks for any info you can give me on this. -Teri

Teri,

Only the person who signed the contract is responsible for the debt. Even in a community property state, any debts your fiance incurred prior to the marriage would not become your responsibility.

Furthermore, when you marry, your new spouse's poor credit "will not" be entered on your credit bureau file. The only time your new spouse's poor credit would affect you is when you have to apply for credit jointly. This generally happens when you apply for a mortgage to buy a house. Both of you could be turned down for credit jointly because of your new spouse's poor credit background.

Best of luck to you both,

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