January 19th, 2009 by Questions

My sister signed my name on a credit card as a co-applicant, about 10 years ago.I never used the card.She filied bankrupty in July 08, I`am I responsible for those charges as well.

Posted from: Saskatchewan


One Response to “Co-applicants”

, A licensed trustee said:

Depending on how you feel about your sister, this may require a difficult decision on your part…

To prove that your sister falsly signed your signature to a credit card application you may have to ask that she be charged with fraud (or sue her for misrepresentation). If you do this then likely the debt will not be dischargeable by her bankruptcy (ie she will be required to repay the debt) and it may cause her bankruptcy to be extended.

Alternatively, you could inform the creditor that they must “prove” that you signed the application and/or used the card. In this case the creditor may sue you.

Not great choices; if you do nothing the crerditor will likely proceed to sue you if they beleive you have the ability to pay.

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