Is spouse responsible for credit card debt in Florida?

Is spouse responsible for credit card debt in Florida?

If spouses enter into a debt together, the surviving spouse will only be responsible if they have signed an agreement to be held liable for their husband or wife’s debt. In most instances in Florida, the debt of each spouse is their own and not the responsibility of the other.

Does a divorce hurt your credit?

Actually filing for divorce doesn’t directly impact credit scores, but if you have late or missed payments on accounts as a result, it may negatively impact credit scores. While a divorce decree may give your former spouse responsibility for a joint account, that doesn’t let you off the hook with lenders and creditors.

Are you responsible for spouse’s debt in a divorce?

You are not responsible for your partner’s debts just because of your relationship, whether you are married or not. However, you may have become liable for his or her debts because you signed a loan contract as a joint borrower or guarantor, or because you were a director of a family company or a partner in a business.