Supplementary Card Holder

December 4th, 2012 by Questions

I cancelled supplementary card holders card approx 1 year before I plan to declare bankruptcy but the name was never taken off my statement. Will they still be held responsible for my debt.

Posted from: British Columbia

Questions

One Response to “Supplementary Card Holder”


, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

It is difficult to say without looking at the original documents. Usually if the supplementary card holder is on the statement that suggests they are more than a supplementary card holder and have some liability for that debt (i.e. more of a joint borrower situation). So if you don’t have anything in writing from the credit card company I can only assume that they are still responsible. But again, this is based on a number of assumptions, the only way to know for sure is to read your original documents.

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