My husband had quite the affair with the credit cards - behind my back. It is very unlikely that he will pay them. Can I be held responsible? Will they come after my assets? Note: we have only been married one year!
Very sorry to hear about this situation.... Spousal responsibility for debts generally depends on (1) who signed the debt contract, (2) whether the state they live in (or lived in) is a community property state, and (3) whether the debts were accumulated during or previous to the marriage. If you're also on the credit card account, then you'll also be on the hook. If you and your husband live in a community property state--or did when the debts were incurred--you may also be held responsible. Community property states include: Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin. Treat this as general information and be sure to consult an attorney for any advice specific to your situation.
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