In general, debts incurred through contract by a minor are voidable. They do not hold in court because most states, including NY, do not hold minors legally capable of a binding contract, unless it is for the necessities of life, such as food, clothing, or for student loan contracts. This goes for credit card debt as well. Even if the minor doesn't technically sign a contract, using the card acts as an acceptance of terms. Generally, minors are not responsible for credit card debt incurred before age 18. Minors also have no financial responsibility for medical bills, however, generally their parents re responsible.
Are you in over your head in debt? Are creditors calling you day and night? Make sure to speak to Jacoby & Jacoby either online or call us at 631-289-4600 to schedule a FREE consultation. We can review your individual situation and go over all your options.