ANSWERS: 3
  • Cut them in two and throw them away.
  • A pair of scissors should come into play.
  • You and your spouse should order a credit report from all three credit agencies. You and your spouse may have a shared credit history that you don't know all about. Sometimes, spouses will open new credit accounts and sign their spouses signature on the application. It's better to be safe than sorry. Then, you should track down each and every credit account your spouse could access, either as a joint borrower or as an authorized user. Authorized users are typically added after an individual account is opened. Unlike joint borrowers, authorized users aren't contractually obligated to repay any charges they make. Decide what to do with each account. You can close the account, freeze the account, remove authorized users from the account or leave the account alone. Divorce laws vary from state to state, so you should contact a divorce attorney to determine what the laws are regarding distribution debts in a divorce. Also, here are a few websites, that might have more information: http://www.equalityinmarriage.org/wddebt.html http://www.divorcetransitions.com/articles/credit.htm http://www.divorcenet.com/states/georgia/gaart_10 http://www.ftc.gov/bcp/conline/pubs/credit/divorce.shtm

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