Marital Debts & Credit Scores: What You Need to Know

Credit liability doesn’t end just because a marriage does. While Florida courts assign debts during equitable distribution, creditors are not bound by divorce decrees.

In *Gonzalez v. Gonzalez*, 273 So. 3d 1232 (Fla. 3d DCA 2019), a spouse was still held liable for credit card debt despite the divorce settlement assigning it to the other party. That’s because the credit card company was not a party to the family law case.

Credit scores may suffer if payments are missed or joint accounts remain open during separation. Be proactive by reviewing credit reports, closing joint cards, and refinancing debts into one party’s name wherever possible.

Tip: Consider including indemnity clauses in your marital settlement agreement to hold the other party responsible if debt payments are missed.

Need help protecting your credit during divorce? Rhoden Law Group is here to assist. Call or text 321-549-3162 or use our website’s contact form.

For more information about Equitable Distribution visit our YouTube channel to get the video content you need.  Otherwise, you can always call the office to speak to one of our experienced attorneys.