I will need to divorce him soon and wonder if that is possible on 2 separate continents? He is crazy mind you, and is fleeing from all responsibility, both the debt he incurred while we were together, and his family responsibilities.
2006-08-27 17:42:23 · 14 answers · asked by Lisa Lisa 1 in Business & Finance ➔ Credit
you got some replies but here's some great reading, might take you a while though:
http://credit-cards.ebookorama.com
http://finance.ebookorama.com
http://credit.ebookorama.com
http://credit-repair.ebookorama.com
if you get any luck please don't forget about me lol, hope it helped you!
2006-08-30 12:09:57 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Are you in a community property state, or where during the application stage or the use of the credit card? that makes all the difference in the world.. if you are, it is the same as you are a co-signer & you will end up responsible. If your name is primary or as co-signer then you are no matter what. Even if a divorce court declairs him responsible, he is then only responsible to you & the divorce court, not the creditor. If his name is the only name finacially responsible on the acct & you are not in a community property state & the divorce court finds him 100% responsible, then you are released from the lender & the courts.
Call any debt/credit card companies, etc.... that you are aware of & find out exactly what you need to know IMMEDIATELY -- also TELL THEM YOU ARE GETTING A DIVORCE & ASK THEM TO RESTRICT THE ACCOUNT --- secondly, go onine RIGHT NOW to the credit bureaus (equifax, experian & transunion) and INDICATE A FRAUD ALERT.. what you don't want is for him to fraudulently apply as you, then your only option out is to have him put in jail..... this happened to me, I see it happening to people who would never imagine it.... so PLEASE DO YOURSELF THIS FAVOR... get your pending divorce notated on your credit information IMMEDIATELY WITH A FRAUD ALERT... and check it every 90 days to put the fraud alert back on your accounts.
2006-08-27 18:11:40 · answer #2 · answered by Bama 5 · 0⤊ 0⤋
It depends on how the debt is carried, if you'rein a community property state, if you have a joint account (maybe you don't even know that you're a co-signer),
See an attorney, there are papers you can file disassociating any new debt he rings up on your name.
File for divorce where you live, it doesn't matter where he lives.
2006-08-27 17:53:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I am not too sure.
I am assuming you are american, there are so many laws in different states.
As far as I know if the debts are in both your names, you will be liable. If they are only in his name, you wont be, all that will happen is that you will get phone calls and letters from debt collectors all you can do there is advise them that he is no longer at the address and possibly send them a forwarding address for him, or a family member's.
2006-08-27 21:44:22 · answer #4 · answered by Rebz 5 · 0⤊ 0⤋
Yes, because in most states it is joint responsibility.
However, a lawyer can probably guide you and will most likely offer you a suggestion of filing a Chapter 7 bankruptcy if your finances indicate it.
Otherwise, you will be responsible for repaying the debts.
2006-08-29 08:57:53 · answer #5 · answered by Big Bear 7 · 0⤊ 0⤋
The answer is No because the credit card debt is not under your name! However, whatever your husband owns, they going take it away!
2006-08-27 18:33:03 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Damn your husband is crazy. If his credit debts are in his name you won't have to worry about them. Sorry about your loss. Look at this way, he will be out of your life and maybe you can enjoy it better without him. I wish you the best.
2006-08-27 17:46:36 · answer #7 · answered by Art The Wise 6 · 0⤊ 0⤋
you are only responsible for the debt if you signed for the credit as well. Otherwise, I could be responsible for YOUR debt...see what I mean?
2006-08-27 17:48:28 · answer #8 · answered by diabl0blanc0 2 · 0⤊ 0⤋
If a joint account then yes you pay (regardless of the divorce decree). If a community property state then yes you pay.
Other than that nope and enjoy the new freedom
2006-08-27 17:49:35 · answer #9 · answered by ML 5 · 1⤊ 0⤋
Get a good lawyer - divorce him and let his estate assume all debt.
2006-08-27 18:19:11 · answer #10 · answered by intelbarn 3 · 0⤊ 0⤋
yes it will be left for you to pay off so make sure he can't leave the country till you sort this out asap.
2006-08-27 17:47:51 · answer #11 · answered by Anonymous · 0⤊ 0⤋