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Supplementary Card Holder

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

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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.