Hi - my name is XXXXX XXXXX X'X a Bankruptcy and Consumer Protection attorney here to assist you.
Your filing a Bankruptcy will not affect your authorized user status.
In fact, there would be no reason for AX to know that you filed a Bankruptcy, as you are not supposed to list accounts for which you are not an account holder or a co-account holder.
I was concerned because I know it shows up on my credit report.
It says Authorized user on it under RESPONSIBILITY
and I thought the court uses all the accounts strictly on the credit report?
No - you are only supposed to list accounts that belong to you - that you are legally responsible to pay.
You are not supposed to list accounts for which you are only an authorized user - even if those accounts are listed on your credit report.
Ok that is good to know.
I do have one more question if you don't mind.
I have a Wells Fargo Student Loans account. I know that student loans by law will not be discharged. I am fine with this because I can afford to pay for this monthly.However, my father is a co-signer for this account. Is there any reason for the court or Wells Fargo to notify my father of my bankruptcy status?
I do not want to involve him in the process nor negatively affect his financial status.
I plan to pay the monthly payment even during the bankruptcy process.
The Bankruptcy court will not notify your father about your Bankruptcy filing.
But I am not sure if Wells Fargo will notify your father.
Ok, thank you very much.
However, since your Bankruptcy filing will not affect your Wells Fargo debt, it would not make sense for them to notify your father.
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