Question: What do I do if my partner is in debt?

How can a couple get out of debt?

The following tips can help couples better address and work off debt together.Put it all out on the table. Make a list of all debts (big or small). Find out your credit scores. Understand how state laws impact your debt and marriage. Decide together how you will tackle each debt. Set shared financial goals.

Is a wife responsible for her husbands credit card debt?

You are generally not responsible for your spouses credit card debt unless you are a co-signor for the card or it is a joint account. However, state laws vary and divorce or the death of your spouse could also impact your liability for this debt.

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