The husband acknowledge and agrees that he will be responsible for the bank of america credit card with an estimated balance of Six Thousand Dollars and indemnify and hold Wife harmless from from this debt. the Husband agrees to pay the balance in full and remove the Wife's name from the account. The Wife agrees to execute any documents, which may be necessary to effectuate said conveyance.
(2) The Wife acknowledge that to the best of her knowledge, there are no existing liabilities or marital debt beyond those set for hereinabove or set out in her Financial declaration. Similarly, the Husband acknowledges that to the best of his knowledge, there is no existing indebtedness other than those set forth hereinabove or set out in his financial declaration.
Each of the parties further acknowledge and represents that there are no past due personal or business tax obligations of any kind or nature.