can i be held liable for debts that appear on my husbands credit report, but not mine. We are in the divorce process. ...

Jurisdiction: 

Area of Law: 

Question: 

can i be held liable for debts that appear on my husbands credit report, but not mine. We are in the divorce process.

Selected Answer: 

During a divorce the court

During a divorce the court divides the marital property, both the assets and debts. In Indiana, the court divides the marital property according to equitable distribution. Equitable distribution means that the court will divide the property in the way that it deems fair. Generally, debts acquired during the marriage are considered to be part of the marital property. However, if your husband took out a credit card in his name alone and the debts were for his benefits, the court may deem them to be his personal debts. However, you should discuss your case with a family law attorney in Indiana. To find out more information about divorce in Indiana, visit the Indiana self-service legal center, http://www.in.gov/judiciary/selfservice/.

All Comments

During a divorce the court

During a divorce the court divides the marital property, both the assets and debts. In Indiana, the court divides the marital property according to equitable distribution. Equitable distribution means that the court will divide the property in the way that it deems fair. Generally, debts acquired during the marriage are considered to be part of the marital property. However, if your husband took out a credit card in his name alone and the debts were for his benefits, the court may deem them to be his personal debts. However, you should discuss your case with a family law attorney in Indiana. To find out more information about divorce in Indiana, visit the Indiana self-service legal center, http://www.in.gov/judiciary/selfservice/.