Terms Used In Illinois Compiled Statutes 750 ILCS 65/5

  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
     Neither husband or wife shall be liable for the debts or liabilities of the other incurred before marriage, and (except as herein otherwise provided) they shall not be liable for the separate debts of each other, nor shall the wages, earnings or property of either, nor the rent or income of such property, be liable for the separate debts of the other.