Thursday, January 18, 2018
From South China Morning Post:
Chinese spouses will from Thursday no longer be held accountable for unreasonable debts racked up by their partners, after lawmakers redefined the concept of marital joint liability.
In a revision to Article 24 – a document that helps courts interpret the Marriage Law – the Supreme People’s Court said on Wednesday that debts will be considered shared liabilities only if both partners sign the original paperwork, or if a non-signatory later approves the borrowing.
The change does not apply to spending or borrowing considered reasonable in a marriage, such as payments made for shelter or food, the court said.
Read more here.