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What is the liability of a husband when his wife opens a credit card in his name without his knowledge? |
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Answer
A husband's liability on his wife's credit card account has no bearing on his knowledge of the account. His liability depends upon state law and whether they live in a state with community property statutes. Marital assets and debts belong to both partners under certain states laws. In other states, what is hers is hers and vice versa. This applies to both assets and debts.
Even if this particular husband is not liable under the laws of their state; any purchase they attempted jointly in the future would be affected by the debt and the wife's pattern of usage and payment.
Answer
If you are still married it probably wouldn't have any effect on your liability for debt incurred. If you reside in a community property state, all debts in marriage belong equally to both parties. In other words, not much can be done, unless you choose to charge your spouse with committing forgery/fraud. Your best option is to close the account.
First answer by The Credit Lady. Last edit by Nikki. Question popularity: 45 [recommend question]
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