It depends on where you live. Laws vary across states and countries.
Couples should have a joint bank account before they get married.
If you are a joint applicant, then yes, but if the card is not in your name, then no.
Anyone who applied for the card. If you and your boyfriend/girlfriend applied for the card jointly, you are both responsible for the debt, regardless of whether or not you are married. If you just added your boyfriend or girlfriend on to your account as an authorized user, however, they are not responsible for the debt.
Illinois is not a community property state, therefore a spouse who is not a joint account holder is not responsible for the credit card debt of the other spouse.
Yes. A joint account held by persons who are not married nor related can be levied by a judgment creditor to the extent of the funds in the account that belong to the debtor.
Yes
Yes. That's why you shouldn't share an account.
If it is a joint account I would say none. You are married and spouses share things in a marrige.
yes it can..the banks does not care if it is a joint account or not and they do not care if you are married
There are pros and cons to spouses sharing a joint account. In today's volatile economic climate, it is more adviasable to have separate accounts. If you wish to have a joint account, use it as a maintenance account for paying joint bills: mortgage, utilities, groceries, etc.
Couples should have a joint bank account before they get married.
If you are a joint applicant, then yes, but if the card is not in your name, then no.
Yes, you can open an account with anyone you choose to. Just be careful though! Who ever is the primary on the account (the person listed first on all of the paperwork) will be held responsible if the other joint holder overdrafts the account, and this primary account holder can also be put onto chexsystems do to the joint owner's actions.
The survivors of a decedent are not responsible for his debts unless they co-signed a loan with him. So no, you are not responsible simply because you had a joint bank account.
If the account was not joint, and the person was either not married or was married and did not live in a community property state, the debt becomes part of the estate and is subject to state probate procedures. Joint account debt becomes the responsibility of the surviving account holder. Debt incurred by a married couple that lived in a community property state, regardless of a joint or single account, becomes the responsibility of the surviving spouse.
In most cases, a husband cannot open a joint bank account without his spouse's consent. Both parties typically need to provide consent and identification to open a joint account. It is important to check the specific laws and regulations in your jurisdiction.
yes it can, both parties are equally responsible for the account