Wisconsin Court Holds Credit Card Debt Is Community Debt In Marriage

During a divorce, most couples think primarily about how the assets they have will be split up. They want to know who will get the house, the retirement accounts, and the most time with the kids. What many couples may not realize is that the debts of the family must also be split between the couple when they divorce, particularly when those debts are accrued during the marriage. A recent case before the Wisconsin Court of Appeals looks at how the repayment of credit card debt that arose during a marriage should be allocated between divorced spouses. In Collison v. Wyderka, Andrew Wyderka and Allison Collison were married over a period of 12 years, starting in 2001. During that period of time, Allison accrued over $24,000 in credit card debt on a card that was in Andrew’s name. According to Allison, the debt was based on purchases made for the family and benefited all of the family members. Eventually, the card became delinquent and went to collections. Allison…

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