A large sum your spouse borrowed alone does not automatically become your debt if you did not sign or ratify it
- High value
- Evidence A
- Saves money
- Free
- Takes minutes
- Some willpower
In plain words
Money your spouse borrowed behind your back, if it clearly exceeds the family's everyday spending and you neither signed nor acknowledged it afterward, does not automatically become your debt. The creditor has to prove that the money was used for the couple's shared life or shared business. But if money like a home purchase really did turn into a home you live in together or co-own, the other side can often prove that.
Mentioned in
Translated from the Chinese original. Original book, section 10, tip 12. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer