I am in the middle of a divorce and only have one more thing that is joint. we have one credit card that is in both of our names. the balance is only 1000.00. it is going toward furnature that is still being paid off. what are my options? is it possible to take my name or his off of the account? i do not want to leave part of the bill in his hands because he is irresponsible. my credit score is good and i don't want to ruin that... especially now. looking for some HELPFUL responses... thanks!
2007-02-11 14:25:19 · 12 answers · asked by vneck 2 in Family & Relationships ➔ Marriage & Divorce
You should have an attorney helping you, at the very least to protect your credit score. If the balance is only $1000, the bill should be paid off and the account closed. Also, notify the finance company after the account is closed, that this is an item of a divorce and for them to not reopen the account or another account. It would also be advisable to add a flag to your credit score. My ex was able to somehow open accounts after he left and ruined my credit. He may not seem like the type to do something like that, but it is batter to be safe than sorry.
2007-02-11 14:48:37 · answer #1 · answered by wedding planner tx 2 · 0⤊ 0⤋
If it is a joint account then you BOTH are responsible for paying it off. First I suggest you call the credit card company and cancel that card, then YOU pay half of the bill and HE pays half of the bill. If you don't cancel that card now HE can go out and charge a bunch of stuff that YOU will be responsible for paying on as well as him.
2007-02-11 22:46:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Unfortunately, the credit card account is in both names, so both are responsible for the debt.
Looking from a positive side, you only have one jointly account, it could've been worse.
1) If you have his card, cut it up, 2) pay it off, to keep your credit in tact, 3) after it is paid off, close the account.
2007-02-11 22:43:25 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Personally to make sure my credit stays in good standing I would pay the $1000. $1000 is nothing compared to bad credit. Then ask to close the account or have you name removed off of it.
2007-02-11 22:29:55 · answer #4 · answered by Charlotte Y 3 · 0⤊ 0⤋
get a new card with your name on it now. whoever gets the furniture should pay it off. once it is paid off close that account and tell him to open a new one also with just his name. do it soon or that will come back and bite you in the butt.
2007-02-11 23:05:47 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If he wont take his name off the card, contact the co. and let them know the situation and ask them if they have a web sight you can see if he has made the pmt. and if he hasn't you can, in order to keep your credit.Let the card co know your intentions. Good Luck
2007-02-11 22:34:40 · answer #6 · answered by ezrider 2 · 0⤊ 0⤋
yes, you can be removed from the credit card, use your credit and give him half the money and make him sign a reciept. call the credit card people tell them your situations. you are only responisible for half
2007-02-11 22:44:37 · answer #7 · answered by redneck 3 · 0⤊ 0⤋
Best advice - don't quibble about small amounts of money. $1000 is nothing. Take steps to protect your credit. Be willing to negotiate and cave, if you have to, to protect yourself.
2007-02-11 22:34:53 · answer #8 · answered by ? 4 · 0⤊ 0⤋
tell him you are going to pay it off and you want his name off of it or go talk to the people that are financing it im sure they would rather you pay it off and they give you good credit than have him default on it. .really its simple just talk to them and tell them what you want it will work out.
2007-02-12 02:40:15 · answer #9 · answered by Anonymous · 0⤊ 0⤋
You keep the furniture and the bill. Or ask him for half of the money.
2007-02-11 22:28:53 · answer #10 · answered by lady_blu_iz 4 · 0⤊ 0⤋