My husband and I have been married for almost eight years. Prior to marriage we had a prenuptial agreement made, where his RV and truck remained his to do whatever with, as my home and car remained mine.
In community-property states — Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin — debt incurred during a marriage is deemed “community” responsibility. That is, both spouses are liable for that debt. In Alaska, newlyweds can choose to opt into community property rules. In other common-law states, spouses can incur debt on credit cards and RV loans during their marriage, and they are solely responsible for them.
“In Nebraska, when you marry someone you also marry their future medical debts. If your spouse incurs medical debts during the marriage, you are liable for the debt. Even if the bills only come in the name of your spouse. Even if you did not sign for the debts. Even if you did not authorize the treatment. Even if you are separated. In Nebraska, when you marry someone you also marry their future medical debts. This doctrine has been accepted in Nebraska courts,” the institute adds.
Worst-case scenario: If your husband cannot pay off the debt owed on his RV, it would obviously be repossessed by the company. If you or he lost his job, on the other hand, presumably the other spouse would shoulder the burden and help the other out. If he asks you to help out with the payments on his RV? That’s another question entirely. Hopefully, that won’t happen, Mary Ellen, and you and your husband will have a long and happy life together, and a few memorable trips in his RV.
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There’s your country’s bankruptcy, personal debt…
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Turn it into a massage parlor and make some money
If your name is not on the note, no. Let them take it.
Get a life assurance policy
75K? He better take it with him
Just let them repossess it after he dies knitwit.
This happened to my mom and dad (except the balance was 90k). And yes, you're most likely liable unless your state has protections. The good news is, RV's are hot right now!!
you guys need to pay for that RV or sell it asap
He should have bought a HappierCampers.
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