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Collections Law/Spouse's credit card debt
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Question
If a spouse's credit card debt and collections do not show up on my credit report what liability do I have for payment? We have always disagreed about excessive spending and my good habits reflect in my good credit score. Now that my spouse cannot pay excessive credit card bills from bad spending habits am I at all responsible for this debt?
Helen,
It really depends on the state you reside in. Most states have community property laws. Debt that's accumulated during the marriage is the responsibility of both parties.
If you need assistance with this situation please contact us at
https://www.ontrackfinancialgroup.com/contactus.html
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Answers by Expert:
Ontrack Financial Group llc
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