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What is the joint debt of husband and wife?
Joint debt of husband and wife refers to the debt that meets the needs of husband and wife's common life. The joint debt of husband and wife is mainly based on the needs of the family life of both husband and wife, as well as the debt arising from the management, use, income and disposal of the common property.
The latest judicial interpretation of marital debt
1, signed by both husband and wife or ratified by both husband and wife afterwards, etc. , which means liabilities, must be recognized as joint liabilities of husband and wife.
2. The people's court shall support the debts that one of the spouses has to bear for the daily life of the family in his own name during the marriage relationship, and the creditors claim their rights on the grounds that they belong to the joint debts of the husband and wife.
3. The people's court will not support the debt that one of the spouses personally exceeds the daily needs of the family during the marriage relationship, and the creditor claims the rights on the grounds that it belongs to the joint debt of the husband and wife, except that the creditor can prove that the debt is used for the common life, joint production and operation of the husband and wife or the common will of the husband and wife.
4. This Interpretation shall be implemented as of 20654381October 20th.
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