Texas is a community property state. This means that, in the event of a divorce, an equal split of property will be the default approach unless negotiation and documentation determine otherwise. Included in the separation of financial affairs are debts, and the couple will need to account for loans, credit card balances, medical debts and mortgages during the divorce process.
When looking at credit cards, the debt is typically assigned to the person whose name is on the account. A joint account, however, would obligate both ex-spouses to divide and pay the debt, even if only one of the parties was responsible for charging purchases on the card. This approach could be expected to apply to other consumer indebtedness.