About your Spouse Credit Card Debt

” Are You Liable for Your Spouse’s Credit Card Debt? “

If your spouse racks up debt during your marriage, you may be liable.

When you said, “I do,” little did you know that you might also have agreed to take on your partner’s credit card debts. The way these financial obligations are handled legally after nuptials depends on several factors, including where you live, whether you are a joint account holder and what the charges are.

Even if a lender or debt collector can’t pursue you personally for payment, substantial balances can affect both of you once you’re married.

Here’s when you might be wedded to your spouse’s credit card debt and how you can mitigate problems before and after walking down the aisle.

More Information at:
https://money.usnews.com/credit-cards/articles/are-you-liable-for-your-spouses-credit-card-debt