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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: 7

386 Magic Points

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

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: 143
Location: PA

1528 Magic Points

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
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Mary

Joined: 06 Jul 2006
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Posts: 686

17396 Magic Points

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.
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Morningstar

Joined: 17 Apr 2007
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Posts: 582

11 Magic Points

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.
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I don't dream since I quit sleeping

fireyone

Joined: 26 Feb 2008
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Posts: 4285

127 Magic Points

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: 3927

10 Magic Points

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.
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fireyone

Joined: 26 Feb 2008
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Posts: 4285

127 Magic Points

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: 3927

10 Magic Points

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.
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Goodnatured,
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Morningstar

Joined: 17 Apr 2007
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Posts: 582

11 Magic Points

Sun Jul 20, 2008 8:52 am

This is not a civil matter, this is a criminal matter.
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erb1953

Joined: 31 Dec 2007
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Posts: 573

-53 Magic Points

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: 253

213 Magic Points

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: 4285

127 Magic Points

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: 3927

10 Magic Points

Mon Jul 21, 2008 2:29 am

It would be nice if the OP would come back?????
_________________
Goodnatured,
http://cashinpocket.synthasite.com/
for all the ways I make $$ online
http://www.crazymonkeygold.com/members/register.php?ref=fedupinpa

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 4285

127 Magic Points

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
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Posts: 253

213 Magic Points

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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