Tag Archives: wife’s debt

My Wife Can’t Return to Work and Has a Lot of Credit Card Debt in Her Name Only. – Alan

“Dear Steve, Live in NY Wife only credit card debt 40K (her credit score is 640) My credit card debt 9K (my credit score is 735) House in my name only (both deed and mortgage) I live in New York State and in May of this year I was lost my job. Luckily I was [...]

I Just Found Out My Wife Has $50,000 in Debt So I Settled It. – Paul

“Dear Steve, I recently found out that my wife has quite a bit of debt. We’ve only been married since October and she plucked up the courage to finally admit it a couple of weeks ago. The amount of debt was just over $50,000. As you can imagine, I was a little shocked but nothing [...]

Robert Says “Please help. I never knew financial burdens can cause so much stress.”

“Dear Steve, I have a $190,000 mortgage @ $1614. mo w/escrow. I am $66,000 in credit card debt @ $1520. per mo. Married with 4 children and over my head in bills it’s hard to put food on the table. My income is $5400 mo. I have $34,000 of credit card debt and my wife [...]

I’m Planning to Divorce My Wife But I Don’t Want to Pay Her Debt. – James

“Dear Steve, I am stationed in South Carolina and my wife is moving back to California at the end of summer with the kids. We are getting a divorce at some point down the road. My main question is about me being responsible for her debts. We have really maintained seperate debts by keeping things [...]