How would stop paying my credit cards affect my husband?
Question Details: We have a home in his name, a joint checking account, no car payment, but all the major credit cards are in my name. I do not work so I have no income. What, if anything , could credit card companies touch, such as garnishing my husbands wages etc.
Are you an attorney? Sign up to answer this question.
Legal Answers Categories
Bankruptcy Law Answers
If you stop paying on your cards they could garnish your wages but not his. Actually, if you have no joint assets there isn't really anything that they could do to him (same holds true if you were to file for a bankruptcy in your name alone).
Note: Since the bank account is a joint asset, your husband should have his name taken off that account and open a new one solely in his name.
Related Bankruptcy Questions
- Can a business refuse to take credit cards from some customers, but take them from others?
- What should I do if my credit cards, driver's license, and identity were stolen and used to make pur...
- Credit Cards: Debt Made Easy
- Comparison of Personal Credit Cards, Small Business Cards, and Corporate Business Credit Cards
- What is a secured credit card?
Didn't find your answer? Ask.
Top Ranking Attorneys
- Hong Shen207 Answers|Points 10350Gold Contributor
- Joseph Gasparrini46 Answers|Points 2200Bronze Contributor
- Kelly Broadbent81 Answers|Points 4000Silver Contributor
- Russ Pietryga78 Answers|Points 3850Silver Contributor
- Shawn Jackson17 Answers|Points 850Bronze Contributor
- Glenn M. Lyon, Esq.27 Answers|Points 1330Bronze Contributor
- Hong Shen207 Answers|Points 10350Gold Contributor
- Kelly Broadbent81 Answers|Points 4000Silver Contributor
- Russ Pietryga78 Answers|Points 3850Silver Contributor
- Sharon Siegel62 Answers|Points 3090Bronze Contributor
- Michael D. Siegel56 Answers|Points 2750Bronze Contributor
- Paula McGill50 Answers|Points 2500Bronze Contributor
Are you a lawyer?Want to be featured here? Sign up for a free profile and get started today! Click Here
More Questions Like This...
 |