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What is a separation agreement in Missouri?

Just like a dissolution, there often is a written Separation Agreement, which includes provisions for spousal maintenance of husband or wife, the division of property, and custody, support and visitation of children.

Am I responsible for my spouses debt in Missouri?

For many cases, courts will allocate debt to the spouse that incurred it. If the spouses incurred it together, courts will often direct that each party pay a portion, often (but not always) half. If debt is tied to a certain asset such as a car, it is common for the party that gets the asset to also get the debt.

Can I be forced to pay my spouses debt?

The bottom line You are generally not responsible for your spouses credit card debt unless you are a co-signer for the card or youre a joint cardholder on the account. However, state laws vary, and divorce or the death of your spouse could also impact your liability for this debt.

How do I protect myself from my husbands debt?

Most states use common law (also known as equitable distribution), which dictates that married couples dont automatically share personal property legally. In other words, you arent responsible for your spouses debt unless you took it out together as a joint account, or you cosigned on it.

Am I responsible for my spouses credit card debt in Missouri?

In other states, such as Missouri, the courts divide marital debt equitably, so spouses are generally only responsible for the debt they incurred. If the debt was incurred on a joint credit card or loan, then both spouses would split that debt in divorce.