There is about 15-18k in the accounts, depending on which bills are about to be paid. She's been in charge of all house hold bills, so I don't know how many checks are outstanding.
We had spent over 30k of savings on the home renovation.
I just checked the credit cards. One has only a few hundred, the other has $4500 (her recent MLC purchases included). There's about 15k of available credit between the two. There's a more money involved than I thought.
That's plenty, and you need to protect yourself.
I would call and ask to speak to a loan officer, or at least a supervisor. Let them know that you will NOT be assuming any financial responsibility (short of being litigated against) on the account from this day before, and you "are hereby notifying them" of that. Then follow it up by sending them a letter, certified return receipt.
As for your bank or credit union, I would go there in person, and ask to speak to a branch manager or an officer, and explain the situation. I did this, and found them to be MOST helpful.
