Nasty situation
Discussion
Husband, wifey, 2 kids. Husband works, wife doesn't. Don't have much money, each month is a struggle. Wife been seeing someone else. Separation ongoing. Kids and husband in house.
She is intending to get a bank loan to rent a flat. She doesn't work. As a family they have very little surplus so the husband is concerned that he will be liable for her loan. At their (his) current income, it will take many years to clear the loan.
The question is will he be legally liable for her loan / can he do anything to head this off?
Unfortunately not much communication is ongoing so house / kids / details aren't taking much of a sensible course.
Ps. Other guy is a student & lives at home with parents.
She is intending to get a bank loan to rent a flat. She doesn't work. As a family they have very little surplus so the husband is concerned that he will be liable for her loan. At their (his) current income, it will take many years to clear the loan.
The question is will he be legally liable for her loan / can he do anything to head this off?
Unfortunately not much communication is ongoing so house / kids / details aren't taking much of a sensible course.
Ps. Other guy is a student & lives at home with parents.
Eric Mc said:
Loan to rent?
Who would lend on that basis?
I presume that she'd not write that on the application form! The real question is who'd lend to a woman with no income? If she wants to rely on the husbands income then I'd presume it would need to be a joint loan and he'd need to sign something, so she couldn't get it without his permission.Who would lend on that basis?
Anyway, I think the OP is really asking whether a husband can be liable for his wife's debts just by vitue of them being married.
mrmr96 said:
Eric Mc said:
Loan to rent?
Who would lend on that basis?
I presume that she'd not write that on the application form! The real question is who'd lend to a woman with no income? If she wants to rely on the husbands income then I'd presume it would need to be a joint loan and he'd need to sign something, so she couldn't get it without his permission.Who would lend on that basis?
Anyway, I think the OP is really asking whether a husband can be liable for his wife's debts just by vitue of them being married.
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