What divorce have to do with credit card debt?
soxrcat asked:
A woman on a “credit card relief” commercial on the radio said “I contemplated bankruptcy and divorce …”
A woman on a “credit card relief” commercial on the radio said “I contemplated bankruptcy and divorce …”
What does divorce have to do with credit card debt?
Edgar
September 27th, 2009 in
Personal Finance | tags: Bankruptcy And Divorce, Credit Card Debt, Credit Debt
Dorothy
Probably because MOST couples fight about money and credit issues?
Katie
I assume she just meant that she and her spouse were fighting all the time because of the money problems. It’s a common thing for couples to bicker about.
Stacy
It depends. A wife could be responsible for her husband’s debt and vice versa. In some states spouses don’t have to worry about that. Their debt is their own, but in other states, the debt of one spouse is shared by both and both have to pay it back. If there is a house in the picture, then creditors will go after it. Perhaps that is why “she” mentioned divorce. Good luck and God Bless!
Tim
Has a lot to do with it, if you’re the one stuck with the bills at the end of the divorce.
Darryl
she probably didn’t have a high paying job or any job at all while married, and her husband was paying for everything. and alimony can only pay for so much. Can I have tan points please?
Connie
If her husband is the one spending money and she has to divorce him to get free of debt.
Milton
Sometimes a married couple have a joint credit card account.