Shield new wife from my CC debt
Date: Wed, 10/15/2008 - 19:36
I am newly married. 3 years. A bad real estate tax deal, business investment via credit cards to fund development, and a souring economy have put me in a position of not being able to pay my credit cards. some have gone for several months without payment. I have hoped for cash flow to come in and then negotiate! hasn't happened and now the massive credit crunch. all my credit accounts are in my name prior to my marriage. i feel terrible that my credit situation may impact my wifes perfect credit. I can't sleep for months now. I am wreck. My question: Can i utilize debt consolidation and not impact her? Is my only option to not impact her credit to divorce?? I will do that if necessary to NOT impact her. I couldn't handle hurting her credit. Any expert input? Thanks in advance.
As you have said that all your debt accounts are in your name an
As you have said that all your debt accounts are in your name and not joint with your new wife so non of your debts will affect your wife in any way.
regarding your question
Your wife should be ok, but you want to make sure you take care of your credit cards early rather than later before the interest gets bad. I know of a company that settles debt for consumers, a few of my friends used them. I can tell you a little more about how they helped them email me at *****@*******.com
*Personal information deleted for your safety - Jason
