Is a settlement agreement enough to clear me of responsibility of debt?
My husband and I divorced three years ago. At the time of the divorce we had a credit card with a balance of approx. $10,000. In the settlement agreement it stated that my spouse would be solely responsible for this debt. At this time my spouse has declared bankruptcy and it has come to my attention that I was never removed from the account. The bank is now calling me and telling me I am responsible for this $10,000 because I did not let them know about the divorce. However, I did fax over the divorce papers before they ever gave me anything in writing. There is no way I can afford to make even minimum payments on this account. Am I going to be held legally responsible for it?