Ask Experts Questions for FREE Help !
Ask
    luvlylyde's Avatar
    luvlylyde Posts: 6, Reputation: 1
    New Member
    		  
    #1

    Mar 23, 2009, 08:36 AM
    Credit Card Debt
    If my spouse has some credit card debt that he stop paying for it and if it goes to collection will this affect my credit score even though all his credit cards dosen't have my name on it and I don't know nothing about it? And if this dose affect me how long will it affect me until?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Mar 23, 2009, 08:37 AM

    Depends on the state you are in. In some states debts occurred during a marriage are considered marital debts.

    If it does affect your credit, it may remain there for 7 years.
    luvlylyde's Avatar
    luvlylyde Posts: 6, Reputation: 1
    New Member
    		  
    #3

    Mar 23, 2009, 07:59 PM
    Quote Originally Posted by ScottGem View Post
    Depends on the state you are in. In some states debts occured during a marriage are considered marital debts.

    If it does affect your credit, it may remain there for 7 years.


    We lived in WI...
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #4

    Mar 24, 2009, 06:36 AM

    According to this article:
    WisBar | Wisconsin Lawyer November 2007: After the Spllit: The Marital Property Act's Effects on Debt After Marriage

    It is possible for for you to be considered responsible for those debts. Especially if you remain married. I would suggest consullting an attorney.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Being sued for credit card debt by law firm representing credit card company [ 7 Answers ]

Well, its happened. I have received a summons for a credit card debt by law firm. I have to go to the county court house to talk with the clerk... (not sure what will happen,never been sued before)If I don't go within 20 days, they say they will start proceedings to garnishing my wages. I do owe...

Credit Card Debt? Consolidate using debt consolidation agency? Good or Bad? [ 11 Answers ]

Does it reflect negatively on my credit report if I consolidate credit card debt using a debt consolidation agency? I can make my credit card payments, but only the minimums. The APR's are mid to high teens -- I feel like a hamster on a wheel. Is it worse to continue like I am, with credit cards...

Is credit card debt open account debt or a written agreement debt? [ 16 Answers ]

I am currently fighting a credit card debt action filed against me by Unifund. The issue is whether credit card debt is open account debt subject to 3 year SOL in the State of Washington or a written agreement debt subject to 6 years. I asked the same question on another forum and received an...

View more questions Search