Credigy-Credible?

Date: Wed, 01/10/2007 - 17:01

Submitted by anonymous
on Wed, 01/10/2007 - 17:01

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Total Replies: 1

In my divorce seven years ago, my ex was given the responsibility of paying off a Discover card, which he did not follow through on. A few months ago, I received a call from Credigy holding me responsible for this debt, which now stands at over $9,000! This is the first I knew it hadn't been paid. Since I was the primary card holder, Credigy reps claim that they can take ME to court for this debt that a judge had ordered my ex to pay. The debt is over 7 years and we are in the state of Missouri. What are my options? I keep directing them to contact my ex, but he will not take the calls, so they repeatedly call me back. This, of course, is a reflection on MY credit! HELP!

nhyslop - I am not an expert on these matters, but my feelin

nhyslop -

I am not an expert on these matters, but my feeling is that you may need to go back to your divorce attorney and ask about this, or consult another attorney that handles debt matters.

My personal experience was similar. My husband and I took out a joint loan, with my vehicle as collateral and my boss co-signed for us. (This was a loan to pay a small amount of personal debt and a large amount of his old business debts.) Before the first payment was made, my husband left me. I called the bank and asked that my name be removed from the loan, making him solely responsible for it, as was designated in the legal separation papers filed with the court, which carried over into the divorce decree. The bank's response was: "we don't care if you stay married, get divorced, live together, or separate - we just want the loan paid. We don't care how. The only way one of your names is coming off the loan is if one of you dies." So in other words, the divorce decree stating he was responsible for the payments had no bearing at all, in the bank's point of view. My only recourse would be to sue him if he defaulted on the loan. Fortunately, he didn't do that - he paid every payment on time and paid it off on time.

Not trying to be the bearer of bad news, and like I said, this is just my personal experience, and your situation may turn out to be totally different. I know others on this forum will respond with their knowledge and experience, and there will be more information given to help you out.

Please keep an eye on this thread, we'll do our best to help you out! :D

lrhall41

Submitted by SUEBEEHONEY70 on Wed, 01/10/2007 - 18:38

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