Is spouse responsible for credit card debt after divorce?
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Is spouse responsible for credit card debt after divorce?
When you get a divorce, you are still responsible for any debt in your name. That means that if you and your spouse had a joint credit card, you are just as liable for that debt as your spouse.
Can one person cancel a joint credit card?
Fortunately, it’s fairly easy to close a joint credit card, as long as both parties agree to terminating the account. Here are the steps you’ll need to follow. Pay off the balance. If you have a balance on your joint credit card, your card issuer will likely require you to pay it off before you close the account.
How do I deal with an overspending husband?
How to Deal with an Overspending SpouseApproach Your Spouse Lovingly. Do not begin by accusing your spouse of wrongdoing or by pointing out faults. Set Up a Budget. If you have yet to make a budget, take this opportunity to set one up together. Decide on How to Control Spending. Set Realistic Goals. Hold Regular Financial Meetings.
Can two wives collect Social Security from one husband?
As a spouse, you have the option of claiming a Social Security retirement benefit based on your own earnings record or collecting a spousal benefit equal to half of your spouse’s Social Security benefit.
