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No, because an AU is not legally responsible for repayment of the debt incurred on the account.

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โˆ™ 2005-09-29 23:52:07
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Q: What if an authorized user files bankruptcy does it hurt the card holder?
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If you are an authorized user on a credit card and the holder files bankruptcy are you responsible for their balance?

No, authorized users are not responsible for debt incurred on such an account.


Are you responsible for the debt if you are a cardholder if your fathers files bankruptcy and he is the primary cardholder and has paid all bills?

An authorized user, which is all you are - he is the actual card holder - is not responsible for the bill.


If authorized user on credit card claims bankruptcy will it hurt primary card holder's credit?

No, presuming the credit card holder makes all the payments he is supposed to...the user is not liable for the debt on the card, and it is not part of his BK.


Is a person who is only listed as an authorized user on a credit card but never used it liable for the debt if the primary holder files bankruptcy?

No. An authorized user is not responsible for credit card debt in any situation. Sorry, I failed to mention that the exception is if the "AU" is a spouse and the couple reside in a community property state. What if the authorized user charged on the card? Would he be held responsible for that?


Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?

No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).


If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?

The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.


If you are an authorized user on a credit card and the primary holder dies are you resonsible for the debt?

An authorized user on a credit card can be responsible on an account in which the primary card holder passes. The creditor looks at the situation as the authorized card holder was able to make purchases with the account, and should be held liable, even in the event of the primary's death.


Secondary card holder who made charges files bankruptcy is basic who is alive responsible?

Yes. Each cardholder is responsible for the entire debt.


Is an authorized signer responsible for credit card debts if the card-holder stops making payments?

No but if something happens to the card-holder, like dieing or being arrested, the authorized signer will be made responsible.


You were an authorized user on your mothers account not a card holder and after her bankruptcy a collection agency is harassing you?

If you are an authorized user then it is not your debt but your mother's debt. Your mother's bankruptcy discharged (wiped out) the debt in question. The collection agency is not allowed to collect from you as, again, it is not your debt. This would not be the case if you were a joint debtor with your mother.


If the primary card holder gives a friend a secondary card to use is the secondary user responsible for the dept or is the primary card holder solely responsible?

It depends if the secondary card holder is a "Joint Account Member" or a "Authorized User". The joint account member is responsible for the balance, the authorized user is not.


Can an authorized user on a credit card account use the card of the primary card holder?

Yes. The point of having an authorized user is for that person to be able to use the credit card of the primary card holder. Usually when an authorized user is created, specific limits (amounts, number of transactions, merchant types, etc.) are set up. Sometimes the authorized user is given a card in their own name and that card may even have a different card number so usage may be tracked by the card company and the primary card holder.


When asked must credit card companies remove you as an authorized user from an account even without the consent of the primary card-holder?

Credit card companies are usually responsive ONLY to the primary card holder. They generally will not speak to, or honor requests from authorized users.


What information do you need to give to the credit card company to add an authorized user?

Usually all you need is the person's name and their relationship to the account holder. Credit Card issuers have different criteria for adding an authorized person or a second card holder.


Can a credit card company report bad credit on an authorized user's credit report after the death of the primary card holder?

if you are an authorized user on the card then you are responsible for the card too. so yes they can


If an account is closed by a credit grantor why would the card holder continue to make payments after bankruptcy findings are closed?

The card holder is under no legal obligation for the card holder to continue making payments after filing for bankruptcy, unless the case is dismissed without a discharge. There are some who believe that they can improve their credit rating by pay off debts that were discharged in a bankruptcy, but I believe there are better methods to reestablish credit after bankruptcy.


Can a secondary card holder discharge the debt if they declare bankruptcy?

No. The secondary card holder can only discharge his/her own obligation to pay. The primary will staill have to pay.


If a person has been added as an authorized user in the past on a credit card and the primary card holder has requested they be removed as an authorized user will the account discontinue being reporte?

Yes


If someone authorized your use of their credit card and then had that debt discharged in bankruptcy can they come after you for the debt 10 years later?

No, authorized users of credit cards are not responsible for the repayment of debt incurred regardless of the circumstances. The authorized is not responsible to the credit card company, hence a discharge of the card holders obligation does not relieve them. However, if they had an agreement with the card holder to re-pay them, a debt did exist. Of course, best reflected in a written agreement. That receivable (an asset) of the card holder, had to be reported as such when he went BK, and could have gone to his creditors. In either case, unless the card holder has been continually trying to collect, making demands for payment and such, I suspect in almost any jurisdiction it would be well past the time limit to enforce collection now.


You are an authorized user of a business card account are you liable as an authorized user?

No, authorized users are not responsible for an account. Only the actual account holder is responsible for all debt that is incurred.


If you are a authorized user on a credit card and the primary holder is not paying the bill can the authorized user be held responsible?

No. Authorized Users are NOT liable for the debt, only the PRIMARY on the account is liable.


Is it fraud for an authorized user to make charges after the death of the primary credit card card holder?

You were an authorized user of the card and should be able to use it any time. It's not a fraud for you to use the card. That is... unless you made the charges on the card while knowing that the bill would not be paid because of the primary card holder's death. That could be considered fraud.


Can you be responsible for the primary user credit card charges even when you were removed from being an authorized user?

If you were only an authorized user and not a joint account holder, you should never be responsible for the primary account holder's debt.


Are primary card holders credit affected by adding a user?

A Primary card holder's credit will not be impacted by adding an authorized user.


Can credit cards be used after someone files for bankruptcy?

Sometimes credit card charges are not included in bankruptcy. If they are then you will no longer be able to use them.