Divorce, Joint Credit Cards And Bankruptcy
This post is published by Carmen Dellutri, Esq. of The Dellutri Law Group, P.A. and a founding member of the Bankruptcy Law Network, Debt Law Network, Credit Law Network and Mortgage Law Network.
Unfortunately, Divorce and Bankruptcy go hand in hand in today's society. The problems that are associated with divorce and credit cards are all too familiar to bankruptcy attorneys. Usually, the problems don't arise until one of the parties stops paying on the debts that they agreed to pay in the divorce. Then the collection calls start, and the person who shouldn't be responsible for the debt contacts my office.
I have the unpleasant responsibility of informing that person that they still in fact owe the debt, despite what the final decree of divorce states. I know that defies conventional wisdom, but you must remember that despite what you and your ex agreed to at mediation and was put in the Final Judgment of Divorce, Visa, Mastercard, Discover and American Express did not agree to it, and therefore, are not bound by it.
