Legal Question in Family Law in New York
Credit card liability during divorce
What is the credit card liability for joint credit card accounts if all the spending is done by one party? Is the other party still liable for these debts on this joint account? Does this liability stop on the day the divorce papers are filed in court?
2 Answers from Attorneys
Re: Credit card liability during divorce
Joint credit cards means that you both are jointly and individually responsible for the debt. It does not end when divorced. You would need to enter into a stipulation w/ Xhusb as to who is paying what and get it on record/ordered. If you have not done so, you must close the account now.
Re: Credit card liability during divorce
the liability with the credit card company is joint but could stop for the purpose of equitable distribution. you can call me for free telephone consultation at 516 466 5297
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