2007-03-06 08:09:43 · 12 answers · asked by fturfler4 1 in Business & Finance ➔ Credit
No
2007-03-06 08:12:13 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Depends. The general rule of thumb is that if the spouse is not listed on the other's credit card, then the spouse is not responsible for that debt. But some states allow creditors to treat both spouses as responsible parties to debts.
Here's an example: Your husband has the credit card in his name only. You both go to Circuit City and buy a 42" plasma screen TV. You & your spouse then separate. You have possession of the TV. If the credit card company cannot collect the debt from your husband, rest assured that if state law allows it, they are coming after you for that debt or for the return of the TV.
2007-03-06 08:13:39 · answer #2 · answered by kja63 7 · 0⤊ 1⤋
Individual Account: Your income, assets, and credit history are considered by the creditor. Whether you are married or single, you alone are responsible for paying off the debt. The account will appear on your credit report, and may appear on the credit report of any "authorized" user. However, if you live in a community property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, or Wisconsin), you and your spouse may be responsible for debts incurred during the marriage, and the individual debts of one spouse may appear on the credit report of the other.
2007-03-06 13:14:21 · answer #3 · answered by Mommy2myangelMark 4 · 0⤊ 0⤋
Any person or persons that signed the credit application is liable
Make sure your name is not on app. If it is and 3 years later he files bankruptcy or doesn't pay his card
you will have to (Been there done that)
If you are on the card simply getting the judge to say that HE is responsible does not relieve you from this obligation.
You need to contact the credit card and get your name off cards.
2007-03-06 08:15:09 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Not normally, but there is one situation where she could be: If a man has credit debt and dies, and his wife is named executor of the estate, the credit companies can legally come after the wife as executrix of the estate for payment. But as long as the man is alive, if his name is the only name on the credit card application and his income was the only source of income used when he applied, the credit card company can only go after him.
2007-03-06 08:14:39 · answer #5 · answered by sarge927 7 · 0⤊ 1⤋
The person responsible is the person whos name is on the account.
2007-03-06 08:12:57 · answer #6 · answered by Anonymous · 1⤊ 0⤋
If you are legally married, and file a joint tax return, you are equally liable for debts; think about it, is half of the house yours? Of course it is.
2007-03-06 08:14:03 · answer #7 · answered by Anonymous · 1⤊ 2⤋
If she didn't sign for it, she's not responsible for it
2007-03-06 08:13:17 · answer #8 · answered by wizjp 7 · 1⤊ 0⤋
yes if you are married and no if he had the debt before you got married
2007-03-06 08:12:56 · answer #9 · answered by Mary O 6 · 0⤊ 2⤋
yes you are. if he doesn't pay they will take your taxes . it happen to me.
2007-03-06 08:19:24 · answer #10 · answered by BLOODHOUND 6 · 0⤊ 1⤋