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If you are listed on your partner's credit cards could you be held responsible for her debt if she declares bankruptcy?

In: Debt and Bankruptcy, Credit and Debit Cards, Credit [Edit categories]

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If you are listed on the account and she files bankruptcy, you are liable for the amounts on the cards.

You may be able to get a portion discharged in the bankruptcy.

Speak with an attorney in your area.

Answer

If you're listed exclusively as an "authorized user," then you may be okay. If you are listed as a "co-debtor," then you're probably going to get stuck with the debt. One would probably have to contact the credit card issuer to determine their status. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.

First answer by ID0000000000. Last edit by ID0000000000. Question popularity: 166 [recommend question].

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