I need $384? |
To buy a new camera, and i need to show my dad i have the money!!!
i want to prove to him i'm responsible and that there are certain things he doesn't need to worry bout little things ... |
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Spoiled or not? |
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Would you get into debt to give to charity? |
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Seeking some sensible advice? |
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What's a good way for a 13 year old to make money? |
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What is the fastest way to pay my car off? |
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Is $140,000 a year (AUD) a good amount of money to earn? |
Or is it just average? Additional Details Piss off Heather I don't earn that. I'm like 16 you cow.... |
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I need sugestions for extra cash? |
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Money saving problem? |
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How should I spend my wages |
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My bank account closed again? help? |
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Why when your already in debt...? |
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Advice on splitting up? |
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What should I do with the money? |
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How many years in the military would it take me to earn $700,000? |
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Matta | Can I be responsible for my son's debt if I pay for one of them? |
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behr28
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You can only be held responsible if you are listed on the loan/credit card etc. Just by paying it does not make you liable for anything. |
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Mickey Mouse Spears
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I doubt if you would be responsible if you didn't co-sign. I know you aren't responsible in IL, but you'd have to check state laws where you live. |
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daanzig
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No if you pay one that's on you but your son learns no responsibiity for his ways. Creditors just want money they don't care where it comes from |
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jenivive
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no. as long as they are in his name they will be his responsibility, even if u make a payment for him. however, he might think u will take it over if u keep making payments for him. |
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binda
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if he is a minor,yes. |
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Sun and Sand
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You can not be held responsible unless you sign for any of the debt. Anybody can pay anybody else debt if they choose, but that doesn't mean you're assuming responsibility for any of it. If it has gone to collection, they may try to make you think you have to pay, but that's just using guilt, not a legal truth. |
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Christopher A
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Well as his parent you are certainly responsible for raising your son to become a man who settles his own debts. |
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Chatty
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If you pay off one of your son's bills and your name isn't on the loan anywhere (as a co-signer) the credit will go on his credit report, not yours. If you are listed as a co-signer on any of his bills then the credit will go to both of you. |
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golferwhoworks
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No you can not! That is to answer your question--- But SOME credit card companies will then call you an authorized user and place you as a comaker on the bill. Be careful. I would in some of these cases send a money order to pay the bill. That way they can not prove who actually paid the account. I see this many times in credit files. |
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nikkimccarty
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If you have his account number you should be able to send in a payment, however, I would send it in money order not on your checking because those collections people are evil and they will call and harrass you if they get your info. |
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NONAME
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never - unless you cosigned on them |
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Josie826
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You may be responsible if he is a minor, 17 years of age or under. If he is an adult, you are not responsible for the debt unless you co-signed a loan or your name appears on the account. He's not going to learn anything about budgeting his money if you pay off his debts. He has to learn to stand on his own two feet and learn to live within the confines of the money that he has or earns. |
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Ambassador Z
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If you and your son live in the U.S.
and he is under 18 years of age:
yes, you are responsible for his debts.
If he is 18 years of age or older
you are NOT responsible for his debts,
even if you pay for one of them.
However, if he incurred his debts while under
18 years of age, but is now over 18,
you are still responsible for whatever
debts he incurred while under 18.
I hope this has been of some help, even if it may not be what you wanted to hear. |
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