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Are both husband and wife loans overdue blacklisted?
Couples with loans will be blacklisted. According to the law, the debts of husband and wife should be shared by two people. If the two fail to repay their debts, the creditor may bring a lawsuit to the court. After the court decides that the husband and wife jointly bear the debts, if both husband and wife have the ability to execute, the creditor has the right to apply to the court to include both parties in the list of people who have lost their trust.
Legal objectivity:
Article 1089 of the Civil Code of People's Republic of China (PRC) * * * In case of divorce, the husband and wife shall jointly pay off their debts. * * * If the same property is not paid off or the property belongs to each other, it shall be paid off by mutual agreement; If the agreement fails, the people's court shall make a judgment.
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