0
Are you only liable for the dollar amount that you signed for or are you liable for the full balance on the card?
Wiki User
∙ 19y ago
If you are the account or joint account holder, you are responsible for the entire balance regardless of who incurred the debt. If you are an authorized user you are not responsible for repayment except to the account holder.
Wiki User
∙ 19y ago
Add your answer:
Earn +20 pts
Are you liable for the amount you signed for or the full balance on a credit card if you are an authorized user only?
If you're only an authorized user on a credit card, you don't directly owe anything as far as the credit company is concerned. However, you can still be sued by the individual who has the card account.
Is a cosigner liable for the balance of a repossessed vehicle if the loan company auctioned it without notifying them?
READ your contract you signed. Call a local attorney for state specific legal advice.
Is family liable for payment on a repossessed car?
Whoever's name is signed on the loan paperwork is the one liable.
Should a company be liable if an unauthorized employee signed a contract under the company?
No , if an employee has committed fraud and signed a contract under the company knowingly unauthorized then the company may not held liable.
If the cosigner files bankruptcy and claims the debt of the cosigned loan is the cosigner relieved of the cosigned debt?
Unfortunately, no. For all co-signed debts, both signers are liable for repayment of the debt. When one party has their obligation discharged by bankruptcy, the remaining debtor becomes 100% liable for repayment of the balance.
Who is liable for false information on bills of lading?
The person who wrote and signed it.
Are parents liable for education loans to their children?
Only if they signed the note(s).
Are you liable for damages to a rental car if no contract was signed?
Yes.. You drive it, you damage it then your responsible for it.
Can you be held liable if you co sign for someone on a contractors license?
You are "liable" for any contract that you signed. You need to review the contract to determine the nature and limits of your liability.
If you cosign for a mobile home are you liable for lot rent?
If you have co-signed as a tenant on the lot then yes you are.
Can you be held liable for your parents debts?
Generally, no. Not unless you agreed to be responsible and signed an agreement to that effect.
What is the value of a one dollar bill signed by Jim Lovell?
One dollar -
