fiancee's debt

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My fiancee and I were thinking of buying a car together. We would pay cash for the car. However, he has judgements against him due to bad debts he incurred with his ex-wife. My question is would be the car be subject to collection for these debts if it is jointly owned by us?

-- Erin (md_angels@msn.com), June 14, 2004

Answers

Yes it would. Just think about your question for a moment - how could you possibly expect that something which you later own should not be siezable in respect of your debts which you ran up hiterto?

-- David J. Button (davidjohnbutton@supanet.com), June 14, 2004.

Why would a car that I jointly own be subject to seizure if I had no responsibility toward the debts that he has?

-- Erin (md_angels@msn.com), June 14, 2004.

Erin Why dont you just purchase the vehicle soley in your name? Problem solved.

-- Jess (Jess456@yahoo.com), June 15, 2004.

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