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The assignment of debt is one of the issues that is addressed in the dissolution of marriage petition. If the parties cannot reach an agreement, the judge will decide which debts or the amount owed on a debt should be attributed to each person.
Wiki User
∙ 15y ago
Wiki User
∙ 14y agoGenerally, unmarried couples don't enter into any significant legal arrangemetns with each other. In such a situation, credit card debt will lay with the person whose name the card is under. Added: You will be responsible for the debts incurred on the cards in YOUR name, and the other party will be responsible for the debts incurred on the cards in THEIR name. If there is a conflict between the two of you as to who owes what to who, if it cannot be settled amicably you may have to go to small claims court if you can't settle the matter.
Wiki User
∙ 14y ago1.whos name is on the account or is it a joint credit card account
2.you have to prove who charged what on credit cards to sort out charges(lawyers will ask this)
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If your ex filed for bankruptcy before you divorced and you were an authorized user on his credit card are you liable for the debt?
Only if the married couple lived in a community property state.
How can a unmarried couple get out of mortage debt?
How can a unmarried couple who have split up get out of mortage and credit card debt.
Am I responsible for Joint credit card debt?
Yes. If a couple, or two people jointly opened a CC account, then they are both liable to repay the debt. If one fails, even if subsequently divorced, the other is still liable to pay.
How can i improve my FICO score?
Pay your credit card billls on time. Keep more than 50% of your available credit on the card unused. Also, do not have more than a couple credit cards outstanding under your name.
Your ex -husband using credit card and not paying which effect your credit you been divorced since 1999?
Notify the Credit Card Company IN WRITING - NOT VIA PHONE OR INTERNET of the date of your divorce (they'll probably want you to send them a CERTIFIED copy of the divorce decree).
How much jail time is given for credit card fraud in California?
A couple of days and an anal rape
Are you responsible for credit card debt in a divorce if you are noy a joint cardholder?
The debt should have been divided appropriately in the divorce decree. If not, the fact that you are divorced and not on the card should insulate them from responsibility.
What credit cards offer business rewards?
There are different kinds of credit cards which offer business rewards. A couple of these cards are the TD Business Credit Card and CIBC Business Visa.
How do you pay a credit card bill and can I pay credit card bill with credit card?
Yes, you will be able to pay one credit card bill with another credit card. There are a couple of different ways to do this: 1. Balance transfer - There are credit cards that would let you transfer some of the the balance from one card to another. The interest for this transfer is usually lesser on the transferred balance. 2. Using Credit Card Checks - You can also use the checks that come with some credit cards. All you've got to do is write a check for the amount due. This transaction does not carry any additional charges along with it. 3. Cash Advance - There is also a possibility of getting a cash advance from a credit card and this can be deposited into your savings account or even used to pay the bill of another credit card.
Can a credit card raise your credit score?
Having a credit card is a great step to starting your credit score. However, just having the card and not doing anything with it have very little impact. The best way to take advantage of it is to periodically use and payoff the card to establish yourself in the world of credit. Your credit score is based on your credit to debt ratio. Get a couple of cards open and keep balances low or zero (but use them from time to time) and you will find yourself enroute to a great credit outlook!
What happens when an expired credit card is not renewed?
You can't charge anything with it. Most companies send you a new card, automatically. Sometimes it takes a couple of weeks to get it.
How can a teen get a credit card with no credit?
a prepaid credit card
