Your wife and anyone who signed as comaker on that loan.

Tagalog term for co-maker: katuwang na tagapamahala

Yes. As the comaker on a loan, you are equally responsible for its payment. In the event the other party defaults, you either pay the loan yourself, convicne the other party to, or if able file bankruptcy.

There is a common misconception that cosigners are not responsible for payment. However, the purpose of a cosigner is to guarantee payment of the loan. The cosigner, comaker, cobuyer, coguarantor or a loan is equally responsible for payment of the debt. So, yes.

If the lender has no legal claim against you, that is if you were not a guarantor on a loan (maker or comaker), then the listing on your credit report is in error. You must request its removal in writing to the lender who has listed it and to the credit reporting agency who has it listed. They will have thirty days to either substantiate the debt and its listing, or have it removed.