When an Abusive Partner Coerces Debt
When an Abusive Partner Coerces Debt
One aspect of coercive control in a relationship is financial abuse: getting credit cards in a partner’s name, seizing their paychecks, taking away access to any money, forgery and coercing them to take out loans.
A recent Supreme Court decision makes it possible to saddle a marriage partner, who is also a business partner, with “debt obtained by fraud” even if they didn’t know about it. That means if your spouse and business partner signs your name to a document to get a loan, you could still be forced to pay it off. Keep in mind, whether or not this happens depends on the law of the state where the business is located. Still, it is a possibility.
The National Consumer Law Center provides research and training for legal professionals who represent consumers in the U.S. and wrote an article specifically about this issue.
There’s positive, constructive steps a person can take to protect themselves.
Most Important
Safety should…
Keep reading with a 7-day free trial
Subscribe to The Tell with Christine Axsmith to keep reading this post and get 7 days of free access to the full post archives.