Son's money problems

(Ohio)
Our son, who is almost 19, jobless, and living with us, has been receiving several letters from his bank. The letters state he owes the bank over $300 for being overdrawn in his checking account. We're not sure if he wrote bad checks or withdrew from ATMs without having money in his account. The last letter states that the bank is contacting the collection agency. My question is: are WE (in the state of Ohio) legally responsible for our adult son's money problems? Could this affect our credit? (We have not co-signed anything for him.) Thanks for your help.

[JETX]

The answer to this one is very simple...
If you are not a co-signer or guarantor on your son's account, you are NOT liable for his debts.

However, one question.... since he is 'almost 19', that means that he is 18. What was his age when he 'entered' into the credit agreement. If under 18, then even he might not be responsible for the debt.



[Edited by Halket on 06-10-2001 at 08:05 PM]