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Answered in 1 minute by:
1/31/2011
VerifiedDebra Thal (username) :
You are not responsible as between you and third parties for debts your spouse incurs unless she transfers assets to you to defeat the creditors.
JACUSTOMER-d5210l5s- :
Do I need a special agreement with my wife saying that I do not want to be responsible for her debts?( For example-she wants to sign for a credit line for her daughter from her first marriage.i do not think it is necessary,but what if she will do it anyway?)
JACUSTOMER-d5210l5s- :
Are you still there?
Debra Thal (username) :
I am here.
JACUSTOMER-d5210l5s- :
Can my wife transfer assessts to me without my signature?
Debra Thal (username) :
But the site says you are still typing/
Debra Thal (username) :
Your wife cannot transfer assets to defeat creditors.
Debra Thal (username) :
This is a fraudulent conveyance and can be set aside.
Debra Thal (username) :
No agreement between you and her affects other people.
Debra Thal (username) :
You are not responsible to the credit card company.
Debra Thal (username) :
But as between you and her, if you want a contract that would make sense.
JACUSTOMER-d5210l5s- :
Thank you.That answers my problem.Have a good day.
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