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Ask the Divorced Woman!
by Maria Costa
Title: Joint Credit Cards- Who is Responsible?
Question:
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If I have my name removed from mine and my husband's joint credit card
accounts, will I still be held responsible for the payments?
Answer:
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Everyone (male & female)going through a divorce needs to contact IN
WRITING, ALL of their credit card companies or any other debt contracts.
You need to let them know that you and your spouse are divorcing and the
agreement is ....
In this letter you should also close the account (yes, you are still equally liable for the debt) and if you want open a new one under your name only.
BUT, I must warn you if either spouse stops those payments the credit card companies can come after the other one for the total amount. But, at least you won't be liable for any other incurred expenses after this letter. Make sure you send it certified mail so you can have a signed copy from the company if you think this will become a hassle with your ex.
Pick up my book "When the Vows Break: Living Through Separation & Divorce" it will help you with the above questions plus how to join support groups which you need to do! If you can't find it in your local bookstore call my toll free number 888-267-3929 PIN #7176.
Maria Costa (Author & Seminar Speaker) A well known certified speaker and seminar leader, continues to inspire, motivate and challenge people to push their envelopes farther, both before and after experiencing divorce. A graduate of National-Louis University, with a Masters in Management, Ms. Costa is very active in her community. She is President of the Board of Directors of the Women's Resource Center, Fredericksburg, VA, President of Hispanic Internal Revenue Employees (HIRE), IRS, Washington Chapter and board member of Professional Women's Network. Be sure to visit Maria Costa's web site
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