Parent opens credit in kid's name, then chargeoff. What can be done?

[katkramer]

Oh yeah...and she re-opened a Best Buy credit card Christmas before last that was in both their names (post divorce) and charge $750 in gift cards and Christmas gifts, and never paid for it.

My fiancee found out about that one when he went to buy a car for his son and they ran his credit. She was also late on her car payment, which was still in both names. Luckily the car was totaled last Christmas and he was able to get off of the loan.

We call her the "Orangenteufel Geldsauger." Anybody speak German?

[Black]

katkramer wrote:
Oh yeah...and she re-opened a Best Buy credit card Christmas before last that was in both their names (post divorce) and charge $750 in gift cards and Christmas gifts, and never paid for it.

My fiancee found out about that one when he went to buy a car for his son and they ran his credit. She was also late on her car payment, which was still in both names. Luckily the car was totaled last Christmas and he was able to get off of the loan.

We call her the "Orangenteufel Geldsauger." Anybody speak German?

I do but I've never heard "Orangenteufel"-- is it a brand of vacuum cleaner?

[katkramer]

Orange devil money sucker! (she has red hair)

Hmmmm....maybe the "geldsauger" should be "geld-dyson." She NEVER loses suction!!

[testcase]

1st: I disagree with Paul F. Do NOT make any offer of payment. Doing so could be seen as acknowledging the debt.

Do contact Chase and make a police report. If "mommy" forged somebody's signature, that should be a felony charge. If allowed to slide, "mommy" will do it again. If the student does not fully pursue this, she could be viewed as an accessory. Her future credit is at stake.

[andypie48]

you all must have met my mother.

[Paul F.]

testcase wrote:
1st: I disagree with Paul F. Do NOT make any offer of payment. Doing so could be seen as acknowledging the debt.

Do contact Chase and make a police report. If "mommy" forged somebody's signature, that should be a felony charge. If allowed to slide, "mommy" will do it again. If the student does not fully pursue this, she could be viewed as an accessory. Her future credit is at stake.

Hey, all I'm saying is that if the young lady can't bring herself to put her MOTHER in jail/prison over this, an offer to settle is the least crappy OTHER way out.
I wholeheartedly support tossing her butt in jail.

[RAMd®d]

Doing so could be seen as acknowledging the debt.

The debt is there, acknowledged or not. That the daughter does not acknowledge it does not make it go away.

That said, I say don't waste time and energy on anything else-- call the cops.

[kap]

katkramer wrote:
We call her the "Orangenteufel Geldsauger." Anybody speak German?

It is good enough if it's excluded from the German dictionary

[ADent]

You can let it slide - it will eventually fall off the credit report - but until then it is a smudge.

My wife has had similar problems (but it included a court judgment involving the co-signed debt). She couldn't get a car loan in her name, even if I co-signed (though she could co-sign for me ). She got offers for secured credit cards. Then it fell off the credit report and she got platinum credit card offers.

We even ended up with a credit card from that same bank in both our names - I guess their old records are offline or something.

Still waiting for a bill collector to get it one day - but it has been over 20 years now.

I personally vote for the police report.

[N-OS X-tasy!]

RAMd®d wrote:
Doing so could be seen as acknowledging the debt.

The debt is there, acknowledged or not. That the daughter does not acknowledge it does not make it go away.

I think he meant it would acknowledge the validity of the debt being in her name.