Chase Credit card assigned me as Primary owner of card after mom filed bankruptcy.

Date: Sat, 08/27/2011 - 17:33

Submitted by Jamo
on Sat, 08/27/2011 - 17:33

Posts: Credits: [Donate]

Total Replies: 2

I was an authorized user on a Chase credit card with my mom. After she filed bankruptcy, I went from authorized user to Primary card holder. How and why did this happen? I have called Chase so many times, only to get mad and hang up. I was told since the card was in bankruptcy they couldn't talk to me about the card. I mentioned that I was put as Primary owner so why can't you talk to me? After hearing the deep breathes and sighs in her voice, she finally said to call the dispute dept. I called them and once again heard the same BS from their mouth. The card is in bankruptcy so we can't speak to you about it. I asked how could I be put as primary owner only after my mom filed bankruptcy?? I disputed this info on my credit reports because it shows as a charged off account. It doesn't show anything at all about a bankruptcy, it shows charged off..They won't talk to me and as far as their concerned they have no idea what I'm talking about. Is there anyone here that can help me or give me advise on what to do to get this cleared?? Thank you so much.

If you were simply an authorized user and not a joint holder, th

If you were simply an authorized user and not a joint holder, they cannot hold you responsible or make you liable for the debt. With your mom filing BK, Chase is SOL on the debt....and sounds like they are trying to pin it on you. You need to inform them in writing, that you are simply an authorized user and you wish to be removed from the account.

lrhall41

Submitted by SOAPLADY on Sat, 08/27/2011 - 20:38

( Posts: 17315 | Credits: )

Here are the steps I suggest, obviously in preparation for eithe

Here are the steps I suggest, obviously in preparation for either a dispute of accuracy of credit reporting, or for building a legal case against them.
First, your status on the account as an authorized user should have been reported to the CRA under field code 9, "Account Type." This designates you as an authorized user that is not liable for the account.

If you have liability for an account, that is reported by the creditor under field code 37, which is called the "ECOA Code."
Options available designating their reporting of your liability are: individual, joint contractual liability, and maker (meaning another consumer is liable, but you are liable a co-maker or guarantor if the maker defaults). If they did not report a liability under field code 37, either their credit reporting was incomplete and inaccurate, or else indicated that they did not consider you liable under the account.

So I would, as a first step, clearly determine how and when these two fields of your credit file were reported, and what designation was reported under each. That documents their official reporting of how they view your status and liability, and would be the first thing I would have in hand prior to disputing accuracy of their reporting.

You can, under the authority of FCRA 609(a)(1)(A), request any and all information in your consumer file at the time of your request. It is there for you to have access to information not normally included in commercial credit reports available to you. You must do three things under section 609(a)(1)(A) to require the CRA to provide information.
(1) provide proof of your identity; (2) clearly identify the information being requested; and (3) submit the required processing fee with your request, which is currently $11.00.

Get the facts in hand, and then file a direct dispute with them and/or use this as factual support should you become involved in litigation.

lrhall41

Submitted by Lian on Sun, 08/28/2011 - 21:17

( Posts: 234 | Credits: )