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Reply to "Husband filed taxes separately without me - what to do?"
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[quote=Anonymous][quote=Anonymous]I shared this post with my husband. After reading your comments, he broke down and told me he had $10K in credit card debt that he was too embarrassed to share with me and had hoped to pay off before the wedding. He was apologetic and said he'd open up his books and let me see his accounts. I was stunned to hear the news because I had asked about debt before and he had only mentioned the student loans. I am seriously hurt and feel misled. I feel like I can't trust him to be honest or to be smart with money anymore. Luckily it could have been worse, I guess. We are working on setting up a more detailed budget now with all our financial info and I'm trying to determine next steps. I'm open to your ideas on how to tackle this. I plan to take a look at all of his accounts online. I believe the interest rate on the credit card debt is very high. I have enough money to cover the debt and have no doubt he would pay me back if we stick to a payment plan because he has always been responsible when it comes to contributing to our joint expenses. But I'm not sure if that is a good approach. I agree with folks who posted that I should have demanded this kind of transparency from the outset. I feel like we could have worked through this issue together earlier. I also feel like I married him not knowing the full extent of his situation. I just thought we could be responsible for our past finances separately and move forward with the new savings account together. He is otherwise a very responsible, caring, and put together person so I gave him the benefit of the doubt. Evidently that was not the right way to handle it.[/quote] Make sure you get a credit report, otherwise there may be account he just doesn't show. I still don't understand what the taxes have to do with the debt. I have credit card debt and it does not get indicated on taxes at all. [/quote]
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