Divorce and Debt

Aug 8, 2012 by

Question: 

My husband and I separated and he bought a new house under his name and is not paying house payments will I incur his debt?

State: 
New Jersey

Answer: 

First of all, you should not wait another second to file for divorce. While it is unlikely that you would be held liable for the mortgage on the house (because you were separated at the time it was purchased and since it was purchased it in his name only and you did not sign for the loan), you certainly don’t want to be in a situation where other debts he might incur might affect you. (Even if the creditors don’t come after you directly, you wouldn’t want your overall credit negatively impacted.) Hope this helps! Wendy Jaffe

Wendy Jaffe and Divorce.com can only provide general information about divorce. DO NOT RELY ON MS. JAFFE’S ADVICE ALONE. Before acting on information provided by Ms. Jaffe or by Divorce.com, talk to an attorney first about your particular facts and the law of your state. By submitting your question to Divorce.com, you are not creating an attorney/client relationship with Ms. Jaffe or with any of the other attorneys listed on this site.

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