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my dad maxed out a cc in my name. what do i do?

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ahitche1



Joined: 27 Jun 2008
ahitche1's page
Posts: 8



383 Magic Points
Subject: my dad maxed out a cc in my name. what do i do?
 
 Posted on Sat Jun 28, 2008 8:03 am  
i have a cc in default my dad maxed out from city bank and it has been about 4 years how do i go about getting that removed since it wasnt my fault?
 
cbass1017



Joined: 01 Feb 2008
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Posts: 89
Location: PA


353 Magic Points
 
 Posted on Tue Jul 01, 2008 2:09 am  
I hate to say it ahitche1 but if the card was in your name than you are the only person responsable for paying that debt off. It seems you only have two options here:

1. make a payment arrangement with them that you can afford just in case your dad can't make payments on this.

2. let it get charged off and probably sent to a collection agency. It will remain on your credit for atleast 7 years and badly damage your credit.

I'm sorry to hear that your dad got you into this mess and if he won't take responsability for his actions I hope you have the financial capability to take care of it for him(and you!)

Best of luck
_________________
Scott McKay
DiYCreditGuide.com
 
Mary

Mary

Joined: 06 Jul 2006
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Posts: 424



10960 Magic Points
 
 Posted on Tue Jul 01, 2008 12:22 pm  
Hi ahitche1
I think all that you need to do now is to contact your CA and agree for a repayment plan which you find suitable for you. Try to come to a PDL agreement so that soon after you pay the amount the listing gets deleted from your credit report. But if you do not pay it, it will stay in your report for 7 years as cbass pointed and will adversely affect your score.
_________________
Where there's a will, there's a way !!
 
Morningstar

Morningstar

Joined: 17 Apr 2007
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Posts: 609



40 Magic Points
 
 Posted on Thu Jul 17, 2008 12:32 pm  
File an identity theft report with your local police department, and contact the FTC.

If you do not want your father to get in trouble, then you need to pay it.
_________________
I don't dream since I quit sleeping
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Sat Jul 19, 2008 1:23 pm  
That sounds like the best advice Morningstar. If she really had no connection with this card then why should she be responsible. Now if she got the card for him and knew he would be using it then it would be her responsibility since the risk was there when she opened it. If that is the fact maybe small claims court could help.
 
goodnatured



Joined: 03 Nov 2007
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Posts: 3235



2257 Magic Points
 
 Posted on Sat Jul 19, 2008 4:17 pm  
I don't think that you have a chance at this point, you will be responsible for it. If you had filed a police report 4 years ago when you first found out it was missing or not in you possession, then you may have a chance of getting it overturn. But 4 years, I would think that the only way you will get this straightened out is to file a suit against your father. This will prbably create a strain on your relationship with your dad.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Sat Jul 19, 2008 5:57 pm  
That is true but there should be a SOL for that too. The father wasn't worried about the strain when he did this. I think it was very unfair to put this on his childs plate.
 
goodnatured



Joined: 03 Nov 2007
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Posts: 3235



2257 Magic Points
 
 Posted on Sat Jul 19, 2008 9:57 pm  
You would think that companies would check this crap out. I know people who run up utility bills in there kids names and then not pay them and it screws the kids credit before they even get started in life.
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
Morningstar

Morningstar

Joined: 17 Apr 2007
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Posts: 609



40 Magic Points
 
 Posted on Sun Jul 20, 2008 8:52 am  
This is not a civil matter, this is a criminal matter.
_________________
I don't dream since I quit sleeping
 
erb1953



Joined: 31 Dec 2007
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Posts: 627



-15 Magic Points
 
 Posted on Sun Jul 20, 2008 5:42 pm  
Sounds like a touch of identity theft, even if the two are related the father stole her identity and used the card right?
 
Lorri



Joined: 15 Jul 2008
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Posts: 313



245 Magic Points
 
 Posted on Sun Jul 20, 2008 7:18 pm  
The original poster did not give alot of particulars. He didn't say if his dad just used the CC without his knowledge or that he knew the dad was using it and then dad didn't pay.
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Mon Jul 21, 2008 1:27 am  
Thats what I was trying to figure out. Maybe the OP will fill in the blanks.
 
goodnatured



Joined: 03 Nov 2007
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Posts: 3235



2257 Magic Points
 
 Posted on Mon Jul 21, 2008 2:29 am  
It would be nice if the OP would come back?????
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
fireyone's page
Posts: 3249



1340 Magic Points
 
 Posted on Tue Jul 22, 2008 1:14 am  
Yes it would. I think her situation is sad. How stressful to have a family memeber do this.
 
Lorri



Joined: 15 Jul 2008
Lorri's page
Posts: 313



245 Magic Points
 
 Posted on Tue Jul 22, 2008 3:33 am  
Very stressful. My aunt took advantage of my grandma's ill health and depleted her bank account of 30-40k. Once the other siblings got word, they told my grandma and my aunt was written out of her will. This made for very, very awkward situations in our family with tons of stress. I can't even hardly say my aunts name anymore. Now 15 years later, the siblings all still love their sister, they have lost all respect.
 
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