if you are separated are you responsible for your spouse's debt?
528438
If there is an official separation agreement for the spouses, it likely states which spouse is responsible for which debt. ... When the spouses are legally separated, any new debts are usually considered the separate debt of the spouse that incurred them. However, not all states recognize legal separation.
381978
Debts you and your spouse incurred before marriage remain your own individual obligations—but you'll share responsibility for debts you take on together after the wedding.
974249
A legal parent's spouse is not responsible for supporting a child who is not theirs. ... This may seem like a reason for bringing in a spouse's income into child support calculations. However, child support is not based on the two spouses' household income or joint net worth, but on the individual obligor's own net income.
583621
In most cases you will not be responsible to pay off your deceased spouse's debts. As a general rule, no one else is obligated to pay the debt of a person who has died.
1336955
But in addition, debts incurred by you or your spouse during your marriage (regardless of whose name is on it) are generally deemed to be community debts and both spouses are considered equally liable. This means that even if the credit card debt was incurred by your spouse alone, you may be on the hook for it.
326779
Generally speaking, while you are alive, your relatives are not responsible for paying any debts you may have incurred. But there can be many, many exceptions to this rule. For instance, spouses may be responsible for each other's medical debts depending on the state they live in.
1093211
First, if someone dies, responsibility does not automatically fall to the survivors. In Canada, debts cannot be inherited and cannot be transferred upon the death of a spouse. It is also important to know that no-one is legally responsible for their spouse's debts just because they are married.
890263
Both parents are legally responsible for the financial costs of bringing up any children. If you split up and you have children who don't live with you, you may be responsible for paying child maintenance to the person who looks after the children on a day-to-day basis.
57024
In Canada, debts cannot be inherited and cannot be transferred upon the death of a spouse. It is also important to know that no-one is legally responsible for their spouse's debts just because they are married. Your mother is only legally liable for your father's debts if she co-signed the loan or guaranteed payment.
1026544
If there is a joint account holder on a credit card, the joint account holder owes the debt. A joint account holder is different from an “authorized user.” An authorized user is not usually responsible for the amount owed. If state law requires a spouse to pay a particular type of debt.
1210612
If your spouse has debt, you won't take it on just because you're now married. Whether you'll have to share it depends on whether the debt is theirs alone, or in both your names. ... If you take on joint debt with your spouse, however, then you may be liable if they're not able to keep up with their part of the repayment.
143453
The Married Filing Separately Tax Filing Status. If you are married, you and your spouse can choose whether to file separate tax returns or whether to file a joint tax return together. ... You will not be responsible for any tax, penalties, and interest that results from your spouse's tax return.
1380325
Arizona is both a community property and a community debt state. If debts are contracted during a marriage, both spouses are considered responsible for the debt. It doesn't matter whether both names are on the account. ... The bottom line here – joint obligations are not erased if one of the account signers dies.
699714
Divorce solicitor, Chris Miller explains how debt after divorce works. ... On the other hand, it's clear that any debt in your name (or joint names) is one that you are personally liable for. So even if the holiday you paid for on your credit card was for both of you, you're still responsible for paying it all off.
1085668
Will you take on their debt too? If your spouse has debt, you won't take it on just because you're now married. Whether you'll have to share it depends on whether the debt is theirs alone, or in both your names. If they've taken debt out in their name only, you won't be responsible for paying it back.
230232
When someone dies, any debts left unpaid are paid out of their 'estate' or the cash, investments, property and possessions they leave behind. You are not automatically responsible for your husband's debts; you are only responsible if you had a joint loan or agreement or provided a loan guarantee.
681935
Since Texas is a community property state, you and your spouse are responsible for any debt incurred during the course of the marriage, even if the debt is for a purchase used primarily by your spouse.