Your debts do not affect your spouse’s credit rating!
When in a committed relationship, should you share a bank account or keep your accounts separate? In my opinion, sharing an account is the way to go and here is why:
It’s unfortunate, but many people who pass away leave behind a mountain of debt. I know that this can be concerning to family members left behind as they aren’t sure if they will have to inherit the debt of their deceased family member.
When you’re struggling with debt, there are a variety of options you can consider. In some instances, filing for bankruptcy is the best choice; although, it should always be the last resort. If you are insolvent, you may be contemplating this strategy.