Been married for ten years
One small child
Both of us nearing 50
No infidelity in marriage
Spouse does not drink, smoke, gamble, cheat, etc.
Spouse is very loving and good to me and child
Found out spouse owes $120,000 to IRS (I found out that spouse put my name on tax returns too so now I am responsible)
Spouse owes $100,000 to family for failed business (did not know this much money was owed either)
We own nothing but furniture and clothing; we have no assets
We live next door to parents in a house owned by parents
I quit a $30,000/year job with excellent benefits to stay at home with our child.
Spouse has bounced back and forth between jobs and we have moved about eight times.
Spouse does not really have a job at this time; I went back to work to support us.
When we married, spouse promised to take care of me and our child; I feel betrayed by this financial situation, when I trusted my spouse to take care and provide for me. I do not want to be in this situation, but we do have a small child together. I do not know what to do. I do not feel that this is right for me. This is not at all how I thought our married life would be. Spouse has promised to do better and try to right this situation, but I do not see how.
Any suggestions????
I had no idea we were in this situation. I love my spouse, but I see no way out of this financial situation, and it feel is not right for me.
Spouse has extreme bad credit (liens, reposessions, etc.)
Cannot open any line of credit for a car or home or anything
Cannot open a bank account
One small child
Both of us nearing 50
No infidelity in marriage
Spouse does not drink, smoke, gamble, cheat, etc.
Spouse is very loving and good to me and child
Found out spouse owes $120,000 to IRS (I found out that spouse put my name on tax returns too so now I am responsible)
Spouse owes $100,000 to family for failed business (did not know this much money was owed either)
We own nothing but furniture and clothing; we have no assets
We live next door to parents in a house owned by parents
I quit a $30,000/year job with excellent benefits to stay at home with our child.
Spouse has bounced back and forth between jobs and we have moved about eight times.
Spouse does not really have a job at this time; I went back to work to support us.
When we married, spouse promised to take care of me and our child; I feel betrayed by this financial situation, when I trusted my spouse to take care and provide for me. I do not want to be in this situation, but we do have a small child together. I do not know what to do. I do not feel that this is right for me. This is not at all how I thought our married life would be. Spouse has promised to do better and try to right this situation, but I do not see how.
Any suggestions????
I had no idea we were in this situation. I love my spouse, but I see no way out of this financial situation, and it feel is not right for me.
Spouse has extreme bad credit (liens, reposessions, etc.)
Cannot open any line of credit for a car or home or anything
Cannot open a bank account