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Division of debts

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nickjames

Member
What is the name of your state? TX

In a community property state such as Texas, how are debts during the marriage treated? For example, if the wife applied for a credit card during the marriage and has racked up 10K of debt, will the judge make both parties responsible? Or does each party's debt become their own? I understand that the judge has discretion and can shift debts and properties around, but I would just like to know what the general rule is. What about when a spouse applies for a credit card during separation?
 


ceara19

Senior Member
nickjames said:
What is the name of your state? TX

In a community property state such as Texas, how are debts during the marriage treated? For example, if the wife applied for a credit card during the marriage and has racked up 10K of debt, will the judge make both parties responsible? Or does each party's debt become their own? I understand that the judge has discretion and can shift debts and properties around, but I would just like to know what the general rule is. What about when a spouse applies for a credit card during separation?
The general rule is 50/50 on any thing incurred during the marriage. Texas does not have legal seperation. If you can PROVE the debt or asset was incurred AFTER the divorce was filed there's a good chance you will not be held resposible.
 

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