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At divorce I signed over the joint business partnership to my ex-spouse who agreed in writing and duly authorized by the Court that I would assume no further responsibility financial or otherwise in the business. Five years later my ex-spouse ran up a huge debt on a credit card that I supposedly jointly signed the credit agreement. Now 5 years later, I am being pursued by that creditor for the debt. What are my options here please?

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Lorrie Stojni, BA, MA, LLB

11 years ago

I suggest you consult with legal counsel in your jurisdiction. If your name appears on the debt as a co-borrower, there may be little you can do.

You may be able to bring a claim against your husband for the money as he agreed to take on the debt.

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