2nd cardholder

storeton

I had a Natwest Gold card and in 2005 I went personally bankrupt.
There was a facility to take a 2nd card for my wife which I did ,but I was the only registered cardholder.
They said that my wife is liable for any debt
Is this correct?
many thanks for any views on this
storeton

jonathon

i allways understood the main card holder is liable for any debt.but as its bankruptcy i would think if thay can prove it was your wife who spent the money then i dont know

jonesMUFCforever

Upon your bankruptcy the card should have been blocked - and your wife's too.
I agree at the end of the day the debt is yours but it does raise an important legal point - if they did not block her card and she continued to spend on it who is legally liable?
It is my opinion that cardholder is ultimately responsible but IANAL.

NickX

To the best of my knowledge the sole liability for the debt lies with the Primary Cardholder.

If the Primary Cardholder goes bankrupt, then the Card Provider must join the list of creditors who may or may not get anything from the sale of the assets belonging to the Primary Cardholder.

I do not think the Secondary Cardholder has any legal liability for the debt and I suspect that the Card Provider or a DCA are trying it on here to get repayment.

Good Luck.

storeton

Well my solicitor decided I should make an offer of 50% of debt paid monthly with no interest accruing,this they have agreed to
many thanks to all who replied
Tony