What happens if your ex stops paying a joint debt?
First publishedJul 29, 13:20 UTC
Last updatedJul 30, 11:50 UTC · 17m ago
1 outlet
CBS News
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Answer
Lenders usually hold both people responsible for a joint debt, even after a relationship ends.
Reported by 1 outlet — CBS News. See all sources ↓
When a couple breaks up, they may still have debts together. These debts are called joint debts. Lenders usually want both people to pay the debt, even if they are not together anymore.
Why it matters
This is important because it can affect your credit score and financial situation after a breakup.
In brief
- What happens to joint debt after a breakup?
- Lenders usually hold both people responsible.
- Can I avoid paying joint debt?
- No, lenders usually want both people to pay.
- Will my credit score be affected?
- Yes, if you don't pay the debt, it can affect your credit score.
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Lenders hold both people responsible for joint debt.
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