What are my rights as a debtor?

If a spouse incurred debt's while intoxicated can the spouse limit their liability by posting an ad in the public notices section of a paper e.g. "After 90 days any debts incurred by Ms. X will no longer be recognized." The husband wants to make good on valid debts, but doesn't want to be subjected to claims for years to come.

Glendale Heights, IL -

Attorney Answers (3)

Alan James Brinkmeier

Alan James Brinkmeier

Lawsuit / Dispute Attorney - Chicago, IL
Answered

No. If it were that easy the daily papers would be three times their size.

Judy A. Goldstein

Judy A. Goldstein

Divorce / Separation Lawyer - Mokena, IL
Answered

The public notice is not even worth the cost of running the notice. Your liability might be limited but you should speak to an attorney.

Bennett James Wills

Bennett James Wills

Contracts / Agreements Lawyer - Baltimore, MD
Answered

If you spent it, you owe it. Depending on the type of debt it will be subject to certain statute of limitations (credit card for example 5 years).

This is not legal advice nor does it create an attorney-client relationship. This is for education and... more

Questions? An attorney can help.

Ask a Question
Free & anonymous.
Find a Lawyer
Free. No commitment.