Raleigh, North Carolina Law Firm
Connect with Our Firm
Large Font:

What to Do When Your Ex Destroys Your Credit

If you divorced a spendaholic, then you may have been able to pass all credit card debt onto him or her at the end of the divorce. But what happens if the spouse who takes responsibility for all debt continues to rack up credit card debt, and the decision reflects poorly on your because you were once associated with the account. A woman named Marcia recently experienced this complicated disaster. Her ex-husband had full responsibility of all debt from their marriage, but continued to pile on more expenses. As a result, she started getting phone calls from angry creditors who were demanding repayment. Eventually, she was able to silence the creditors by faxing in a divorce decree and showing that the debt was not her fault and was not her responsibility. Still, her credit score was slashed as a result of her ex’s spending habits. If you find yourself in this situation, then you will want to make things right as soon as possible.

For one, you should try and close all joint accounts before a divorce decree is even issued. This will help you to avoid complications like this one where one spouse’s credit card debt will affect another spouse’s report further into the future. If the joint accounts could not be closed, then you may have the right to sue your ex-spouse for failing to keep up his or her part of the bargain in paying off the debt. If you are the owner of an account that he has been charging on, then there is a possibility that you may be held accountable for the debts on the account.

You may want to talk to your family lawyer about seeking compensation for the debts that you are being pressed to pay through a lawsuit. If you are merely an authorized user on an account, then you do not need to pay any of the debt on the account. Still, you should never keep any shared accounts active after a divorce If you have any shared accounts at present, cancel them immediately in order to break ties with your ex financially and potentially avoid damaging your credit further.

Meet Your Team

Our Attorneys

30 Years of Experience
Our law firm is the only choice to make when you need legal representation.

Learn About Us

Why Choose Us?

    • Serving Raleigh Since 1994
    • BV® Rated by Martindale-Hubbell®
    • Compassionate & Honest Attorneys
    • Highly Regarded by Past Clients

We Are Here to Help You!

Do not hesitate to get the honest and experienced legal representation you deserve. Connect with us now!

Contact Our Law Firm
My mild-mannered lawyer was a pit bull in the courtroom!...
I came to Kevin with a nasty divorce situation complete with kiddos & an affair (tho not by me!) The whole mess was devastating, emotionally & financially. But in the end, Kevin was money well spent! I have my life back, my kids live with me, & a very nice settlement to top it off. And I must say, it was great seeing my ex on the stand getting caught in his lies! --My mild-mannered lawyer was a pit bull in the courtroom!
- Lynn
Read more comments