Bankruptcy Question & Answer Forum - Canada

Author:		Debbie
Date:		November 8, 2005
Question:		I recently had a business with my ex husband and we closed everything down, he went bankrupt so the creditors would leave us alone. When he went bankrupt he had a US Visa and a Canadian Visa. I ran off his Canadian Visa and yes I did charge. The bankrupcy took care of all the debt including the Aisa's. Just last week a finanacial company has been phoning me at work to look after the debt. I told her that I can not afford to pay anything and that my ex husband took care of that Visa in the bankrupcty. She said that I was to blame to which I agreed, then she demanded payment. I then said I would like confirmation on the crdit card on my signature and told her to mail them. She phoned today and said she does not have to release that information because I used the card. Now do I have to go bankrupt over this card?
From:		Bruce, Alger & Associates Inc.
Date:		November 9, 2005
Answer:		If you have been issued a card in your name and used the card you will have signed an acknowledgement to agree to pay the amount shown in accordance with the cardholder agreement and you might have also acknowledged to be bound by this agreement. Accordingly you may well be liable for the balance. You are entitled to see what you signed, get a copy of the agreement and have it reviewed by a lawyer. Bruce Alger phone: (403) 296-2970 balger@alger.ca