My daughter signed up for two credit cards and had my name added on I did not sign anything.
If my daughter files for bankrupt can they go after me for the balance?
Yes, unless you identify yourself as a victim of identity theft. You will need to file a police report and the card company may file criminal charges against her.
If you don’t do this then you will either have to legally prove you did not sign and the credit card company may pursue your daughter for fraud or you can pay it and avoid all the consequences of being a victim of a financial crime.
I find that identity theft is most often perpetrated by people we know. Family and roommates have the easiest access to our information.
The Federal Trade Commission put together a very good site to assist with identity theft issues. Go to IdentityTheft.gov for a step-by-step process to detach yourself from this fraudulent debt.
If you have a credit or debt question you’d like to ask, just click here and ask away.