SOL In Regards to Having a Joint Account With Hubby?

Question

I have debt that was acquired prior to getting married. Now my husband wants to have a joint account with me. I know that creditors can come after the money in our joint account, but the SOL is up in a few months, would it be safe to wait till the SOL date passed, then open up an account?

Also, is the next few months a critical time for me to get sued by these creditors since SOL is coming to an end?

Answer 1

As you approach the end of the SOL, it is more likely that you will get sued if you owe a significant amount. However, you need to be aware that just because you think the SOL is up, it might not actually be up for a variety of reasons (tolled by statute, extended by some act on your part, etc.)

Furthermore, a creditor may still try to sue you and get a judgment even after the SOL has passed.

But yeah, I would definitely wait and see what happens over the next few months.

Answer 2

This question is a no brainer "WAIT"