Marrying Into Ch. 12 Bankruptcy Currently engaged to a farmer in Chapter 12 bankruptcy. The farm was not in an LLC, everything is under him personally. He has already filed/has an approved repayment plan/is making payments to the trustee, but it will be a few more years until the process is over. We plan to be married before that. My question is, how would a marriage affect bo…

Marrying someone with large debt Hello folks, I have recently gotten engaged. Unfortunately, my partner has a large debt to the tune of over $175k. The majority of it is from student loans from a degree that was not finished. The loans are as follows: Private loan of $119k, 7.8% interest. Another private loan of $5k with 5% interest, CC of $6600, and a government loan of $45k w…

Single mom possibly marrying high earner My partner makes 4x my income. We’ve recently started discussing marriage as a possibility in the future. Looks like I would lose the child tax credit and my kids FAFSA would be affected. Would not be able to contribute to my Roth IRA anymore. Any other financial changes to consider? Seems like it would make more sense to not get legally married…

Should I be worried about marrying my fiance who hasn’t done her taxes in 7 years? My fiance 27f, and I 24m, have been together for the last 2.5 years and engaged for a little less than one. I found out about her tax situation pretty early on before we got together and I figured it wouldn’t affect me since we aren’t married. So far I have talked to 3 financial advisors that said the IRS most likely owes her money due to her be…