Core Points - A Texas woman revealed her soon-to-be ex-husband opened credit cards in their children's names, accumulating significant debt and depleting his retirement account to pay it off [1] - The husband is now requesting legal documents to absolve him of wrongdoing, which the personal finance expert Dave Ramsey strongly opposes [2] Group 1 - Dave Ramsey labeled the husband's actions as "criminal fraud" and a clear case of identity theft, emphasizing the severity of the situation [2] - Ramsey advised the woman not to sign any documents except those that would lead to her husband's arrest, highlighting the need for legal action [2] - The importance of freezing children's credit to prevent further fraud was stressed, as it would block any future attempts to open credit accounts in their names [3] Group 2 - Ramsey urged the woman to pull her children's credit reports immediately to assess the damage and to report the crime to the police [3] - He expressed distrust towards the husband, stating that anything he says should not be believed, reinforcing the notion of his deceitful character [3] - Co-host Rachel Cruze supported Ramsey's advice on the necessity of monitoring children's credit to protect against identity theft [2][3]