Do I need to include a joint credit card in Chapter 7?

Bankruptcy Law Discussions Forum
1

My husband has a credit card that I’m listed as an authorized user on, with a $2000 max. I’ve never made payments on it or contributed financially—it’s just in my name as an authorized user. Do I need to include this on my Chapter 7 bankruptcy petition? If I do, will purchases made on the card be scrutinized?

2

If you’re just an authorized user and the account isn’t in your name, you might not need to list it. It’s still a good idea to double-check the account statements and the initial application to confirm your name isn’t listed anywhere.

3

A credit card isn’t an asset—it’s a liability. If you didn’t sign the application or have your name on the account, you likely don’t need to include it. However, if you made a lot of charges, it might still be a good idea to disclose it.

4

@Will
This is key. Disclosing it might prevent any questions later, even if it’s not technically your debt.

5

You’re required to list all liabilities in your bankruptcy petition. Even if it’s just in your husband’s name, your bankruptcy attorney will help figure out if it needs to be included or not.

6

Hayes said:
You’re required to list all liabilities in your bankruptcy petition. Even if it’s just in your husband’s name, your bankruptcy attorney will help figure out if it needs to be included or not.

Yeah, your attorney should review everything to make sure you’re including all necessary information. Better to be thorough.

7

Make sure to consult with your attorney. Authorized user accounts can be tricky, especially if purchases were made close to filing for bankruptcy.

8

Zane said:
Make sure to consult with your attorney. Authorized user accounts can be tricky, especially if purchases were made close to filing for bankruptcy.

Exactly. Some purchases might be scrutinized, especially if they were large or recent.

9

Your attorney will know best, but in most cases, authorized user accounts don’t need to be included unless you’re legally tied to the debt. Check the paperwork to be sure.

10

Shan said:
Your attorney will know best, but in most cases, authorized user accounts don’t need to be included unless you’re legally tied to the debt. Check the paperwork to be sure.

True. It’s all about whether you’re legally responsible for the debt. Double-check with your attorney to avoid any issues.