Take quick action if you've married a credit deadbeat


January 30, 2000|By Liz Pulliam Weston | Liz Pulliam Weston,LOS ANGELES TIMES

I got married in February but later found out that my young husband, who doesn't work, had $60,000 in credit-card debts. I have worked as a legal secretary for 36 years and last year finally managed to establish good credit. In horror of hubby's debt, I filed for an annulment. I need to know if the credit-card companies can go after my income. Second, he is thinking of filing for bankruptcy protection. I need to know if his filing for a bankruptcy will affect my credit standing.

If you're a regular reader, you know how important it is to discuss finances before you say "I do." Usually you marry not just a person, but his debt and credit rating as well.

Fortunately, you moved fast enough that you shouldn't suffer permanent damage. If hubby incurred the debts before marriage and used only his income to qualify for the credit cards, the creditors should restrict their collection efforts to him. You might have to suffer some nasty collection agency calls before you get them off your back.

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