Skip to content

Credit Card Debt and Divorce; Who’s Responsible?

Navigating the complexities of divorce often involves addressing various financial aspects, and one critical concern is credit card debt.

In this article, we will discuss the responsibility of credit card debt during divorce, showing how a divorce solicitor can help in resolving such sensitive matters.

Understanding credit card debt in divorce

When a marriage dissolves, financial issues, including credit card debt, can become contentious.

The responsibility for credit card debt is typically determined by factors such as when the debt was incurred, the purpose of the expenditure, and how joint accounts are managed.

Are both partners automatically liable for credit card debt?

The law does not automatically make both partners equally liable for credit card debt.

The responsibility depends on factors such as whether the debt is joint or individual, and the intentions behind incurring the debt.

Joint credit card debt

In cases of joint credit card debt, both partners are typically responsible for the outstanding balances.

However, a divorce solicitor can assist in negotiating a fair distribution of this debt during the financial settlement after divorce, ensuring that one party is not unfairly burdened.

Get in touch

Our Family team aren't just experts in divorce. They are experts in all kinds of relationship and family matters.

If you ever need help, or advice, with any issues that you are currently facing please fill out your details in the form at the bottom of this page, and a member of our team will be in touch.

Get in touch

Individual credit card debt

Individual credit card debt incurred by one spouse does not mean they will be the only person who is solely responsible for the debt.

A divorce solicitor can help navigate this, ensuring that each party is responsible for their individual debts unless exceptional circumstances apply.

Financial settlement after divorce

The financial settlement after divorce is a pivotal stage in resolving credit card debt issues.

Divorce solicitors play a key role in negotiating and finalising this settlement, addressing the distribution of assets, and liabilities, and ensuring a fair outcome for both parties.

Protecting your credit score during divorce

Divorce can have implications for credit scores, especially if joint debts are involved.

A divorce solicitor can guide you on strategies to protect your credit score during and after divorce, minimising the potential impact of financial disputes on your financial standing.

Are you experiencing distress surrounding divorce and credit card debt?

Credit card debt during divorce can be a complex and sensitive issue. Understanding your rights is crucial, and seeking the assistance of a knowledgeable divorce solicitor is paramount in ensuring a fair resolution.

With support and expertise from Ward Hadaway, you can navigate the intricacies of credit card debt responsibly and work towards a financial settlement after divorce that safeguards your interests.

Our divorce and financial settlement solicitors act with the utmost discretion. If you’re considering your options, get in touch and we’ll call you back for a confidential and no-obligation conversation about your situation.

Get in touch

    Your personal information will be processed in accordance with our Privacy Policy

    Please note that this briefing is designed to be informative, not advisory and represents our understanding of English law and practice as at the date indicated. We would always recommend that you should seek specific guidance on any particular legal issue.

    This page may contain links that direct you to third party websites. We have no control over and are not responsible for the content, use by you or availability of those third party websites, for any products or services you buy through those sites or for the treatment of any personal information you provide to the third party.

    Follow us on LinkedIn

    Keep up to date with all the latest updates and insights from our expert team

    Take me there

    What we're thinking