Legal Question in Credit and Debt Law in New York

obligations of spouse

Is a spouse liable for a debt that his/her spouse incurred & can a joint account be frozen?


Asked on 2/15/06, 11:36 am

1 Answer from Attorneys

Andrew Nitzberg Andrew Nitzberg & Associates

Re: obligations of spouse

A spouse is not liable, but a joint account is 100% owned by each of you. That means it can be seized in full for any debt of either of you.

Read more
Answered on 2/15/06, 1:48 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in New York