Can a secondary holder be held liable for a debt after he has requested that his name be removed from the account?

Answer

The person would be equally responsible for any debt that was incurred before requesting they be removed from the account.

Answer

The answer to this question depends on what you mean by the term "secondary holder".

Any two persons who jointly sign a contract for a debt until it is paid are liable for the balance. This applies to mortgages, car loans, student loans and other types of closed-end installment accounts. There is nothing that can remove a name from the contract.

Revolving accounts, like credit cards, are different. It is possible to open an individual account and add another user, an authorized user, to the account. It is customary for this account to be shown on both person's credit bureaus files. In actuality, only the initial account holder has true liability, since only that person qualifies as a "debtor" under the strictest terms of the Fair Credit Reporting Act.

I've experienced many instances where someone's name was "removed" from an account, IN CUSTOMER SERVICE RECORDS. This has simply made it more difficult to track down the correct nature of the account and has never taken someone's name off a contract, nor relieved their contractual liability.

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