Legal Question in Credit and Debt Law in New York
credit card debt
I was a cosigner on a credit card account with my husband being the principle signer. Am I responsible for repaying this debt?
Asked on 7/24/08, 9:01 am
2 Answers from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: credit card debt
Yes.
Answered on 7/24/08, 9:10 am
Eric Schutzer
The Schutzer Group, PLLC
Re: credit card debt
Yes, you are responsible for repayment of the debt both as a cosigner and as the spouse of the responsible party.
Are you both using the credit card? Is the account still open? Is the balance past due? Are you and your husband getting divorced or separated? You might need to speak to an attorney if you are trying to segregate your responsibilities and liabilities.
Answered on 7/24/08, 9:20 am
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