“Dear Steve,
I just bought a house, in my name only and will be getting married next month. He is planning on filing bankruptcy due to his ex foreclosing on a house that was in both names. When he does this, will it effect my loans? Can they come after my assets, that I had before getting married?
R”
The Answer:
Dear R,
Even if you lived in a community property state like Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin, it looks like you are in the clear.
Your house is an asset you purchased in your name prior to marriage. You were not a party to his old debts and are not responsible for them.
Rest easy and congratulations on the upcoming wedding.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.