Am i liable for my husbands credit cards or loan accounts? I never co signed for them and my social securtiy number was never used to obtain them. On the accounts that i was a authorized user i took my name off before they became in defult. Some companys say i am not liable in any way, but i had a call today that said i would be . I go to court in a month for a divorce my husband has skipped the country. leaving everyone in a bind. But i don't think i am liable if i didn't sign anything or put up my social security number. Am i correct?
2007-08-14 12:44:03 · 3 answers · asked by mistiful2001 2 in Business & Finance ➔ Credit
I agree with the others, you are not liable for his accounts when your name is not on the contract agreements. Being an AU on his cards does NOT make you liable either.
As for the loans, if they are secured loans it may be possible that the creditors may either sieze the secured property or place liens on them - if they file suit against your husband and win. (they may not be able to sieze property that is held jointly)
As for the credit cards, they are unsecured debt and the creditors may only be able to place liens against what is in your husbands name only, or garnish his wages only if garnishment is allowed in your state and if they file suit against your husband and win.
I would strongly suggest that if you have any joint bank accounts, that you close them.
I would also strongly suggest that you contact the creditors who stated that you are not liable and ask them (very nicely) to send you that statement in writing.
I also agree that you should discuss it with your divorce atty, though he may not be well versed in "consumer" laws.
He may be able to send letters to all of the creditors informing them that you are not responsible. (or you could send those letters yourself)
2007-08-14 13:53:33 · answer #1 · answered by echo 7 · 2⤊ 0⤋
I see no way ythat you could be liable for something that you didn't sign or have your social security on. Those people are harrassing you to just get their money. All you have to do is tell them to never call again.
2007-08-14 12:51:27 · answer #2 · answered by lana s 7 · 0⤊ 0⤋
are they join or individual.
that will determine best
but if you are going through a divorce have the attorney confirm these
2007-08-14 13:02:14 · answer #3 · answered by Michael M 7 · 1⤊ 0⤋