Credit Card Debt In Divorce
During marriage, if one spouse acquires a credit card, the credit card company must notify the other spouse. Under Wisconsin marital property law, both spouses are liable for the debts of the marriage. If spouses separate, it is imperative for them to seek their own legal counsel to advise them on how to protect each spouse's financial security and credit. Until spouses are legally separated, there is no protection for one spouse against the other's misuse of credit or spending.