Legal responsibility from a joint account.

[Consumer dude]

Could a married partner with a joint account with the other partner be held legally responsible for the debts of the other ?

[silverfox1961]

Yup!

[Consumer dude]

Yup!

 

The reason I asked the question as it concerns my other thread on lending money to a friend and to which I have judgement against the husband..

[silverfox1961]

I see. With any joint bank account, the parties are jointly and separately responsible but whether this would apply in your case as you have sued one person, I doubt it as this is usually used by the bank in collecting debts owed to it. My gut instinct is to say no. The other party is not responsible for his court judgement.

[Consumer dude]

I see. With any joint bank account, the parties are jointly and separately responsible but whether this would apply in your case as you have sued one person, I doubt it as this is usually used by the bank in collecting debts owed to it. My gut instinct is to say no. The other party is not responsible for his court judgement.

 

 

I did think that but payments were bring transfered to and from the joint account and to which both parties should be aware. Any added comment on the issue is welcome from others..

[stevemLS]

No, whilst both joint account holders are responsible for any debt to the account provider, that does not make them equally liable for a judgment debt.

 

You could try to enforce via a third party debt order if you know the money to cover it is in the bank. That would oblige the bank to pay you direct.

[Consumer dude]

They had changed their account details. Is their any way of finding out their current situation..