Termination is made by giving written notice of the termination to the creditor.
Notice of termination does not affect the liability of the incurring spouse or the availability of either spouse's interest in property to satisfy obligations incurred under the plan, both before and after notice of termination. The terminating spouse's interest in marital property continues to be available both before and after termination subject to Sec. The availability of the terminating spouse's interest in marital property is limited to future obligations incurred within 15 business days after the creditor's receipt of the termination notice. Open-end credit plans may include contract terms permitting the creditor to accelerate payment of an account balance upon notice of termination. The default provisions of Sec.