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When a Spouse’s Debt Threatens Family Assets: Learning to Set Financial Boundaries

When a Spouse’s Debt Threatens Family Assets: Learning to Set Financial Boundaries

When a Spouse’s Debt Threatens Family Assets: Learning to Set Financial Boundaries
The husband quit his job three years ago to start his own company. After the business faced cash‑flow problems, he secretly borrowed more money and now admits he owes over VND2 billion.
The parents own an apartment that brings VND7 million (US$271) in rent each month, which they intend to keep as a retirement asset. They promised the daughter the apartment but have kept the legal title themselves.
The wife suggested selling their car, cutting expenses, and selling the home they currently live in to repay part of the debt. The husband refused these ideas and demanded that the parents sell their apartment instead.
The wife refuses to ask her parents to sell the apartment because she fears losing their retirement support, and the disagreement has made the atmosphere at home tense. The case highlights the need for couples to protect both their own and their parents’ financial security by establishing firm boundaries.
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