I’ve been trying to do some research online and now I’m here and have been dreading asking this. My boyfriend and I are getting extremely serious talking about engagement and the future. When we first started dating he was very honest about filing for bankruptcy after getting a large sum of money at a young age and not being smart about it. The bankruptcy will be 2 more years approximately. I have a few questions:
How would this affect me, who has good credit and a good amount of savings?
Should I buy a house (by myself) before we get married? (I already own a small home but we want/need an upgrade). If we do that jointly would his credit/bankruptcy hurt us?
What would joint filing taxes be like?
He’s a union construction worker and within the next 14 months (becoming a journeyman) he’ll easily be able to make 6 figures with overtime. I’m a teacher. We’re both in our late 20s.
Our relationship is amazing, very loving and fun, but how that will affect how hard I’ve worked to be a financially independent, female on a teachers salary scares me.
Advice? Words of wisdom? Thanks!
Submitted November 11, 2021 at 11:28AM by Dramatic-Pen-9497 https://ift.tt/3kpXpj6
