My husband and I have always kept our finances separate. I have worked throughout our marriage and my salary has always gone into my own bank account. My husband has been less stable than I am; he is self-employed and is always under pressure financially. Because of this I decided to purchase our apartment in my own name, and have taken on a mortgage which I pay from my salary. If, for any reason my husband got into serious debt would my home be safe from the grasp of creditors ?
By: דיאנה שאלתיאל•Published on: 10 May, 2022If a wife purchases a home in her name only and can prove that she paid for it, then, providing that the couple are used to separating their finances, it should be protected against proceedings started later by creditors against her husband.