Legal Question in Family Law in Tennessee
How to protect my credit
I was married for 2 years. We have resided in the state of Tennessee since October 1998. At the time of our marriage my spouse had very bad credit, mine was very good. Together we opened credit cards, purchased a home (5 mths ago) and a car. He decided to end the marriage. We have separated and I moved to California. He makes $45,000 (plus bonuses); I will be job hunting (with two children). How do I get my name off the credit cards and loans since he kept the car, the house and agreed to pay the bills?
2 Answers from Attorneys
Re: How to protect my credit
You should immediately contact all of the credit card companies and request that they close the accounts. Follow up each telephone call with a confirming letter. This will stop future charges from being made, but will not relieve you of the duty to pay for those charges that were made prior to the date you canceled the credit cards.
You cannot get your name off the loans for the house and car unless the lenders agree to rewrite the loan agreement. This is not likely to occur as it appears that it was your credit that they relied on in making the loan.
You should contact an attorney in California right away to take steps to limit your losses.
Re: How to protect my credit
Contact the credit card companies and any of the other lenders and see what they will require to remove your name from the loans. In the case of the credit card companies, you should be able to simply tell them you want to be removed from the card and will not be responsible for any FUTURE purchaces, but you would remain responsible for anything bought up to that date.