Financial Expert Marion G. Cuff, CFS: Liability for Spouse's Debts
Marion G. Cuff, CFS
Am I liable for my spouse's debts?
The general rule is that spouses are not responsible for each other's debts, but there are exceptions. Many states will hold both
spouses responsible for a debt incurred by one spouse if the debt constituted a family expense (e.g., child care or groceries). In
addition, community property states will hold one spouse responsible for the other's debts because both spouses have equal
rights to each other's income. Also, you are both responsible for any debt that you have in both names (e.g., mortgage, home
equity loan, credit card).
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