Wednesday, February 4, 2015

Can I be held legally responsible for a credit card debt that I was an authorized user on and the account holder filed Bankruptcy? I am bein...

Question

Can I be held legally responsible for a credit card debt that I was an authorized user on and the account holder filed Bankruptcy? I am being sued for this debt and they are now saying I was a joint account holder and have provided no proof. What should I do?



Answer

You generally cannot be held accountable for another person's debts. However, if the contractual documents which you signed when you became a user obligated you, then you are obligated. Your first step should be to check all of the paperwork that you signed when you became involved with this account.



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