Legal analysis: Debt, the property of husband and wife in China belongs to * * * * *, so in the way of responsibility, the husband and wife are jointly and severally liable for repayment of * * *, that is, whether the two parties are divorced or not, they should pay off the debt of * * with the property owned by both spouses or the property owned by one spouse. Creditors have the right to require one or both spouses to repay part or all of their debts, regardless of their share or priority. If one spouse's property is insufficient to pay off, the other spouse shall be jointly and severally liable for repayment.

Husband and wife's * * * joint debt refers to the debt incurred to meet the needs of husband and wife's * * * common life, mainly based on the needs of husband and wife's * * * common life, as well as the debt arising from the management, use, income and disposal of * * * common property. Husband-and-wife debts also include debts arising from the joint operation of husband and wife, that is, debts arising from industrial, commercial or rural contracted operations, debts arising from investment or other financial activities, and taxes owed in these production and operation activities. * * * Cooperation includes both husband and wife's investment, production and business activities, and also includes the situation that one of the husband and wife is engaged in production and business activities but the interests belong to the family. From the perspective of protecting creditors, creditors do not lose the right to demand repayment from one party because of the divorce agreement between debtors.

Legal basis: Article 1064 of the Civil Code of People's Republic of China (PRC) * * * The debts incurred by the husband and wife with the same signature or ratified by one of them afterwards, and the debts incurred by one of them in his own name for the daily life of the family during the marriage relationship, belong to the same debts of the husband and wife. Debts incurred by one spouse in his own name during the marriage relationship that exceed the needs of family daily life are not joint debts of husband and wife; However, the creditor can prove that the debt is used for the husband and wife's life, production and operation, or based on the same meaning of both husband and wife.