Help! New wife has crippling debt.
Throw away for hopefully obvious reasons. I just got married yesterday, and last night my wife drops the bomb on me that she has $160k in debt between school, judgements, cars and credit cards.
I have 120k in investments and 30k in savings. She's pressing really hard that it's βourβ money now and she's expecting me to withdraw everything and put it towards her debt, per Dave Ramsey who she's been apparently following for years.
Not gonna lie, had I known this I wouldn't have even thought marriage to be an option. How should I approach this? We're filing with the court later today if that makes a difference. Admittedly, I was incredibly pissed when she told me last night and we haven't talked since then.
Edits
News was broken, she left in a firestorm. Broke a lot of things on the way out, and was telling me things like she plans to sue me for wasting her time and pain and suffering π it's shitty, but onto the next I guess. Thanks to everyone for giving me advise on this!
alright, I'm not going to file with the court. I'm gonna break the news and I'll keep you guys posted! Thanks for the help!
Lots of questions asking why we didn't discuss finances before getting married. We did discuss them a year ago when I first proposed, and she told me she was debt-free.
lots of questions about her judgements. I don't know what they're for, but there's 4 of them totaling 55k
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Dude missed out on the most financially stable and honest woman America has to offer. His loss.
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