Legal Question in Family Law in Michigan
Divorce & credit card debt
After 33 years of marriage my
husband and I are planning to
divorce in Michigan. We have
separate charge accounts without
the others name on the charge
cards. Will we be obligated to pay the
others credit card debt? What if we
agree in writing not to be responsible
for the others debt in our
settlement?
1 Answer from Attorneys
Re: Divorce & credit card debt
Neither of you will be responsible for the debts of the other, unless you agree otherwise, or unless the judge determines that the debt is so one-sided that the equitable thing to do would be to share it. That seldom happens.
And anything you agree to with each other in writing will be enforced, so be careful. Consider letting a lawyer read whatever you are asked to sign before you do so.
-Tom
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