8 years ago my wife divorced her first husband. their agreement said he got the house and he was to remove her from all credit cards. he died 2 years later without removing her from a discover card. we just received notice that they turned in the debt to the irs as &9000 income. are we responsible ? also if some or all of that debt was incurred after the divorce would be liable for any of it?
1 Answer from Attorneys
The statute of limitations on ordinary debt is four years. Remember this if they ever sue your wife.
It's common for creditors to report a charged-off debt to the IRS as income. Nothing will come of it; it's just a nasty trick they pull.
As for any debt that was incurred by someone else after your wife got her divorce, no, she is NOT liable for it.
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