jmac

Thanks guys! It was interesting that I posted this question this week to find out he talked to his exwife about the debt. Well, apparently, she has somehow stupidly convinced people she knows to liquidate their assets so she can pay off the debt faster. They had a good, positive conversation about how neither want these things tied together or there. I did have him pull up his credit report and it's not the greatest, but a financial planner said it could be easily polished if he makes huge pay offs on things. So, a BIG thanks to everyone!

I understand that bankruptcy doesn't get rid of the student loans all the time, but maybe some very rare rare occasions it did in the past. We do argue about it every once and in awhile about it. It's mostly me crying, because I feel so overwhelmed about having to push back any engagement until it's paid. Which most days seems almost impossible it will get paid off. Luckily, he lives at home so he is trying his best on his end to take care of it all. It kills him as much as me, but he just shows it differently. Just wish this wasn't such a big mess!

Thanks everyone for your great advice. Has anyone claimed bankruptcy? He is wonder if this would be the "best" option so he could work on rebuilding his credit and not involved with his ex?! The student loan in a private non-government loan at around 16,000 and the equity loan is 25,000 eeks

I have been dating my boyfriend for over a year now, and we have talked about marriage in our future. We both want to take it slow though since we both have been divorced previously. I don't want to marry him until he gets his debts tied to his ex paid off. Now, we are talking over 30,000 in debt still combined from a foreclosed house credit line and a student loan in both of their names. They just started agreeing to make a payment plan for both, but it looks like it could take centuries to pay off since its not huge sums of money going out. I am afraid that if we were to get married...we would just argue about his ex and their debt...I also don't want them coming after me if she's not paying; since they want the money from somewhere. What can he do!? Am I asking too much or being a financial snob? This is a sore spot in our relationship since he constantly has to be in contact with his ex about all this debt. Grrr Let me know your thoughts...I want to hear them!