dude123456
New Member
I'm signed onto my Mom's checking account in Texas. Am I liable for her finances?
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Yep. If that account goes overdrawn, the bank will go after you too.
You have no liability for your mother's finances. You do have a potential liability if the account is overdrawn. And, as others have said, if you have an account at that bank; they'll satisfy any over drafts by seizing assets from your other account.I'm signed onto my Mom's checking account in Texas. Am I liable for her finances?
I do not have an account there personnally. What I'm really curious about is if she files bankruptcy or racks up a bunch of credit cards on a perpetual weirdo spending spree...or loses her house. Will I be liable for those entities? Thank you for your replies.
I am on her checking account. How can I remove my name? The bank says she has to be there. Is this a State Law that she does? I mean...the account is in good standing and all.