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Full Episode
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This is the Ramsey Show, where America comes to hang out and have a conversation about their life, specifically their money, their career and work, and their relationships. The phone number to jump in today is 888-825-5225, 888-825-5225. Alongside the fabulous Jade Warshaw, I'm Ken Coleman. We're here together for you today. Let's get it going. Kathy's up in Dallas, Texas.
Kathy, how can we help today?
Hi, I find myself in a lot of debt because my husband has, we've been married 27 years. Sorry, I'm rambling already. We've been married 27 years and I've always allowed him to handle the finances. I quit my job, stayed home with our four children. and have just trusted him with the finances.
And in the last couple of years, I've just slowly been uncovering a lot of dishonesty and finally ended up filing for divorce after I found out most of it. I'm still not sure I know everything, but I think there is a close to a million dollars in debt right now. And I'm afraid that I'm going to be responsible for half of it. If in worst case scenario, hopefully I won't be on the, on the hook.
What kind of debt is this million?
Well, there's about, he hasn't paid income taxes in three years.
About 160. Okay.
Um, there's about 80,000 in credit card debt with cards. I didn't know existed. Um, there's a $550,000 mortgage on his office building that I'm, I was a personal guarantor on. And you didn't know about it? I signed it. It's my signature, but I don't remember doing that. Like I said, I feel like an idiot because I've trusted them.
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