Important Things to Know About Divorce and Credit

Joint debts remain joint debts.
Both spouses signed a legally binding contract with the creditor, a divorce decree does not change this contract, nor relieves the creditor's investment in you. Amendment of any contract requires agreement of all parties, including the creditor, and proof of amendment requires the signature of all parties. During the divorce, the creditors are not part of the divorce courts, and thus the original agreements / contracts stand.
If you have a joint financial obligation to his former spouse, and your divorce decree states that your ex-husband is responsible, and your ex-spouse is delinquent on payments, your credit, as well as his / her influence. As noted above, your legal liability for the debt does not go away because a divorce decree assigns responsibility for the debt your ex-husband. With a legal responsibility to pay the creditor the right to come to a report of delinquent debt on your credit report if it has not been paid as agreed in the original contract.
Especially tragic are situations in which an ex-spouse files bankruptcy and includes many joint debts in the bankruptcy filing stečaj.Suprug not keep holding the bag for these joint debts, and many times they do not notice the ex-husband before the filing months or years down the road when it is too late to rectify the situation. So, not only is the spouse who is not a file is responsible for unpaid debts, and can be legally sued for them, but not filing bankruptcy spouse credit is also destroyed, something that can not be corrected, as credit agencies have the right to report them delinquent.
The purpose of divorce is to share emotionally and financially from ex-husband. If you are not careful, your husband is handling your joint accounts can sometimes take years. If you have joint debts which existed before the divorce, and these bills are not paid and the closed, you're just asking for trouble. Also, although some divorcing couples are definitely out to get each other, most problems with joint accounts prior to divorce are caused by ignorance rather than malicious intent. Do not assume that just because your Split is friendly to the problems can not happen. Taking precautions can protect you. Order a credit report and review of all claims.