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What can happen?

When you owe a debt that you were not really wanting to agree to verbally and not pay...what is the worse that could happen?

It's a long story but I feel my dh was cornered by his ex & her rebound boyfriend.

Thx!

Answer Question
 
Anonymous

Asked by Anonymous at 11:41 PM on Apr. 30, 2013 in Money & Work

Answers (9)
  • It'll ruin your credit, which means, any chance on getting a loan for a car, house, credit cards etc. are gone.
    You'll be harassed by creditors.
    PMSMom10

    Answer by PMSMom10 at 11:52 PM on Apr. 30, 2013

  • This is vague so
    Is this a verbal agreement made in front of witnesses?
    Was there any documented/witnessed communication indicating that he agreed to pay said amount?
    Was there tangible good or services that were being paid for ?
    Was this a debt that had been incurred while they were still married?
    I am sure there are more questions but this is to general to make any comment.
    Dardenella

    Answer by Dardenella at 11:54 PM on Apr. 30, 2013

  • Did he take a personal loan from them?
    virginiamama71

    Answer by virginiamama71 at 11:55 PM on Apr. 30, 2013

  • If it is his debt, he needs to pay it, regardless of whether he "wants" to or not! He got himself into it he needs to pay it off. It is total BS if he doesn't.
    kmath

    Answer by kmath at 12:00 AM on May. 1, 2013

  • Depends. Was the debt agreement in writing? If so, then it doesn't matter legally whether he wanted to take on the responsibility or not.
    Ballad

    Answer by Ballad at 12:01 AM on May. 1, 2013

  • A man is only as good as his word
    ggsmom333

    Answer by ggsmom333 at 2:43 AM on May. 1, 2013

  • I'm not sure what you mean. Is it a debt with a creditor, like a bank, utility or credit card? Or a debt like the ex asked him to pay something and he went along with it and agreed? Also, what do you mean by "not really wanting to agree to verbally and not pay"? There's too much vagueness here to really give you a solid answer.

    In general, though, I would say not paying a debt that you owe will ruin your credit, and it can get you dragged into court, depending on the type and amount of debt. If he didn't want to pay it, then he shouldn't have incurred it.
    wendythewriter

    Answer by wendythewriter at 8:06 AM on May. 1, 2013

  • Debts with actual companies can ruin your credit score. Owing a debt to family or friends only ruins your relationship with those people. And they can take you to court, of course. Don't you ever watch Judge Judy?
    lovingmy4babies

    Answer by lovingmy4babies at 8:25 AM on May. 1, 2013

  • thanks ladies... this was a verbal agreement person to person
    Anonymous

    Comment by Anonymous (original poster) at 7:10 PM on May. 1, 2013

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