All the credit cards are in my wife's name. Can I be held responsible?
Though the Colorado property statute, C.R.S. 14-10-113, does not specifically address the issue of debt, Colorado courts are vested with the power to allocate or divide marital debt. Marital debt is debt accrued during the course of the marriage. Presuming debt was incurred for marital purposes, such as food, clothing, shelter, family vacations, or other true family-related purposes, the court will likely consider the debt marital and divide it equally or in some other "equitable" fashion.
Courts are not concerned with whose name the debt is titled in, but rather whether it was incurred during the marriage and the purpose for which it was incurred. If the debt solely in your wife's name was incurred for personal, non-family items, such as diamonds, furs, etc., the court would likely consider that debt to be her separate, or non-marital, debt. The Denver area divorce attorneys at Plog & Stein are ready to answer your questions related to marital debt.
His passion and ferocity kept me going through this long ordeal. When I first came to Plog & Stein it was simply discuss the renegotiation of child support. Little did I know that within 72 hours I would be retaining Steve Plog for a custody battle. His passion and ferocity kept me going through this long ordeal. I have recommended him to my friends and I would recommend him to anyone with who wants honest and effective representation. Carolyn
I recommend Sarah and the attorneys at Plog & Stein to anyone that has these types of family issues and need strong, knowledgeable representation. I am thankful for the job Sarah McCain did for me in my fight with my ex-wife for visitation rights with my daughter. Sarah and the team at Plog & Stein handled my case in an efficient, affordable, and professional manner. Sarah negotiated a new parenting plan as well as acceptable visiting rights and even a favorable modification in my child support. I recommend Sarah and the attorneys at Plog & Stein to anyone that has these types of family issues and need strong, knowledgeable representation. Tom
At the end of the day he was able to produce a settlement that was fair to both parties. I highly recommend Stephen Plog for anyone in need of a top notch domestic relations attorney. After a 27 year marriage, Stephen represented me in a complicated and sometimes bitter divorce with many unique challenges. At the end of the day he was able to produce a settlement that was fair to both parties but limited my alimony payments to only 3 years. He is smart, cuts to the chase, knows the court system in the Denver metropolitan area and can be trusted to get his clients the best possible settlement. Neal
Their service was outstanding, with prompt responses to all of my questions. Sarah McCain and Plog & Stein were wonderful to me during such a difficult time in my life. Their service was outstanding, with prompt responses to all of my questions and creative ideas throughout the proceedings to help things go smoothly. Sarah's compassion, patience, and expertise were especially invaluable to me. I highly recommend them. Sandy
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