I'm a Signer on a checking acct. that isn't mine

[TraceyS]

I am new to these forums but have spent a lot of time reading them over the past few days and want to thank you all for all of the great info I've read already!

My husband and I went to our initial consultation yesterday (will be filing chapter 7 in a few weeks) and this morning as I was filling out the paperwork remembered that my husband is a signer on our church's checking account (he does not have access to the account--doesn't keep the checkbook or anything), but the account requires two signers on all checks and he is the second signer. I am in a similar situation with my daughter's girl scout troop.

Our lawyer is not in the office today, so I thought I would ask if any of you have been in this situation, and if you know if our BK will effect these accounts in any way, or if we need to get off of those accounts before the BK filing?

Thanks!
Tracey

[NoMoreCards]

I would not see it as a issue, unless of course you (or your husband) were owner of the funds. Meaning IF you owned a business and were signors on the account...it is one thing. But if you are just a second signor on a account that clearly does not belong to you, it shouldn't be a problem.

Certainly check with your attorney to be sure, but I wouldnt' spend time worrying about it.

[TraceyS]

Thanks

Thanks! I was hoping that would be the case. I will double check with the atty, but I will not stress over it!

[OhioFiler]

Thanks! I was hoping that would be the case. I will double check with the atty, but I will not stress over it!

This in not an issue. I wouldn't bother the attorney over it either. That cash is not your husband's.

[Shawshank]

While it's no big deal, you need to make sure your attorney is aware of it so it can be on the petition if need be.

[DebtHater]

My wife is also a signer/custodian for our daughters girl scout troop. The account is written Girl Scout Troop *****, C/O my wife's name. There was no issue concerning the BK. Our lawyer summed it up like this: it's not your money, period.

I would still doubt check with your attorney.

[tightgrip]

We were also wondering the same thing. My husband is on the account with two other members of the board for a youth organization. Our attorney did advice us that it was not a problem.

[ssmdem]

Oh good to hear!! Just remembered my husband is the treasurer and gets reimbursed expenses each month, mostly mileage, of about $200. We're including that as income -- but never thought about the funds in the account itself. It's definitely listed as a business account with his name nowhere on it, but the account address is listed at our home.

[drowning123]

Remember to include that $200 dollars as expenses as well.