Shared Liability

||Shared Liability

Shared Liability

My spouse has a credit card. Am I responsible for the balance?

Assets and liabilities are equal to both parties. His or her credit card does not matter. Both are on the hook. Liabilities are equally split even if the party did not incur the debt. Separation does begin until a petition is filed.

2019-01-24T13:45:01+00:00