If you live in one of nine community property states, any debt (or assets) your spouse acquires while you’re married are considered joint property. The Tampa Bay Times e-Newspaper is a digital replica ...
No one wants to be on the receiving end of a call from a debt collection agent. Or to get a text message that sounds more like a threat, or an unexpected visit to one’s home or office. Especially when ...
If you’re a joint cardholder on a credit card account or you’ve co-signed for a credit card with your spouse, then you’d be liable for any debt incurred with the card. If your spouse is the sole ...
A legal separation stops you from sharing responsibility for new debt your husband takes out in his name, though physical estrangement doesn’t automatically do so. The Tampa Bay Times e-Newspaper is a ...
One exception where you may be on the hook is if you co-signed the loan, like Elena did with Marcus’s $10,000 personal loan, ...
Jane from California recently found herself in a situation many married couples may never expect to face: being responsible for her husband's credit card debt. On a recent episode of Suze Orman's ...
I'm considering marriage in the mid-60s. Even with a prenup and separate finances, I'm concerned about the possibility of a long-term illness and the potential for medical debt to be required to be ...
Paying off student loans is, of course, a huge problem. But often overlooked is how complicated it becomes when couples are in the middle of a divorce. The average American household owes $58,957 in ...
My husband has lots of credit card debt…too much. (My name is NOT on any of his credit cards.) He’s 60 years old, and if he were to die tomorrow, would I be responsible? We own our home jointly ...