Marrying Someone Who Is $100,000 in Debt -- Not a Good Idea!

Gary North

Aug. 17, 2009

Here is a young woman who has no sense. At least she asked in advance.

Dear Debt Adviser,

First of all, I live in California, and I have been in a relationship with my boyfriend for quite some time, and we are planning to get married soon. He has a $100,000-plus school loan in his name, and I was wondering if I will be made accountable for paying off his loan with him as well?

The second question I have is that he claims that he will be able to get rid of that loan by declaring bankruptcy. Is that possible, and, if it is, will it affect me in any way if he declares bankruptcy before we get married?

To see the answer: click here.

He was a fool for accumulated $100,000 in debt. She is a fool is she continues this relationship until after he declares bankruptcy. She would be wise to find another boyfriend. Don't marry anyone this stupid and short-sighted.