How are credit cards handled in division of property?


#1

Are personal credit cards part of the overall combined debt? Or is each party responsible for her own credit card debts?

My wife purchased a lot of items on my credit card(s). She has no Credit Cards because of her very bad credit rating. After I found out that she was using my cards I blocked her from using my cards. Is she responsible for half the debt on my credit cards, or am I responsible since they are in my name only?


#2

Yes, you are responsible for the debt. You can draft a proposed agreement with her where she assumes the cc debt accrued during the marriage. Otherwise, it’s treated as a marital debt and will be distributed evenly along with other marital assets and debts.