Comments on: Common Law partner filing personal Bankrupcty how will I be affectedt? http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/ Quick Answers to Bankruptcy Questions & Understand How Bankruptcy Laws Affect You Thu, 03 Dec 2009 17:06:21 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Nandina http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/#comment-1032 Nandina Sat, 28 Feb 2009 19:23:55 +0000 http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/#comment-1032 What state do you live in? Not all states even recognize "common law", and it's doubtful that living together for 7 months would qualify even in the ones that do. What it will do is affect your joint credit if at some point you do decide to get married, and will affect things that you buy together (house, car, apartment lease, etc.). It shouldn't affect anything that is solely in your name, or any personal possessions of yours. You may also want to take a look at what this says about him and his attitude about personal responsibilities, if this is something that is habitual of his, or if it's something he hid from you, or whatever. A lot of relationships break up because of financial problems and challenges. What state do you live in? Not all states even recognize “common law”, and it’s doubtful that living together for 7 months would qualify even in the ones that do.

What it will do is affect your joint credit if at some point you do decide to get married, and will affect things that you buy together (house, car, apartment lease, etc.). It shouldn’t affect anything that is solely in your name, or any personal possessions of yours.

You may also want to take a look at what this says about him and his attitude about personal responsibilities, if this is something that is habitual of his, or if it’s something he hid from you, or whatever. A lot of relationships break up because of financial problems and challenges.

]]> By: phxmilitarymom http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/#comment-1031 phxmilitarymom Sat, 28 Feb 2009 17:46:00 +0000 http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/#comment-1031 As you are not legally married you are not responsible for any of the debt he has accumulated years before meeting you. Common law "marriages" are not bound by all of the laws of a traditional marriage. There have been many new changes in the bankruptcy laws also concerning the filing on credit cards. If he has any other assets that can be sold to pay this or if he can make some type of payment arrangements (chapter 13) the credit card debt can no longer be written off in a bankruptcy. He should contact a bankruptcy lawyer to discuss this before he jumps in there. There is no charge for the initial consultation to see what can be done. Good luck to you and your boyfriend. You and your belongings are safe. As you are not legally married you are not responsible for any of the debt he has accumulated years before meeting you. Common law “marriages” are not bound by all of the laws of a traditional marriage. There have been many new changes in the bankruptcy laws also concerning the filing on credit cards. If he has any other assets that can be sold to pay this or if he can make some type of payment arrangements (chapter 13) the credit card debt can no longer be written off in a bankruptcy. He should contact a bankruptcy lawyer to discuss this before he jumps in there. There is no charge for the initial consultation to see what can be done. Good luck to you and your boyfriend. You and your belongings are safe.

]]> By: Joe L http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/#comment-1030 Joe L Wed, 25 Feb 2009 11:04:37 +0000 http://www.bankruptcy-help-resources.com/common-law-partner-filing-personal-bankrupcty-how-will-i-be-affectedt/#comment-1030 If you're not married you shouldn't have any obligation at all. If you’re not married you shouldn’t have any obligation at all.

]]>