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Are You Liable For Your Spouse’s Credit Card Debt?

credit card debt

When “mine” and “yours” becomes “ours” in a marriage, undoing this financial entanglement can be quite complex, especially if you intend to get divorced. If your spouse has significant credit card debt, you may wonder who will be legally responsible for paying this debt. 

Credit card debt can sneak up on you. Also, note that it can become a huge problem for many people. While many people make irresponsible purchases, sometimes, debt may accumulate for many other reasons…

Find out what factors plat a role in deciding if you are on the hook for your husband/wife’s debt.

This post originally appeared at MoneyByRamey.com.