<prompt> Human: I am currently paying for a LASIK eye procedure and a new fridge. These things are financed under my mothers name. I pay them monthly online.My question is, what would happen if I stop making payments on these? Would I get into trouble some how?My mother currently lives with me and she doesnt work. She doesnt have any asset in her name.  <response>: My question is, what would happen if I stop making payments on these? Would I get into trouble some how?You would get a late payment notice on 30,60,90,120 days late and a notice on the 180 day stating the debt will be sent to collections. It will also be reported on the credit report as 30,60,90, etc. days late, which will drop the score. This will stay on the report for 7.5yrs from the DOFD.Once in collecions, they will attenpt to collect. They may try to sue before the SOL ends and a judgement would allow them to garnish wages, bank accounts, put liens on property, etc..My mother currently lives with me and she doesnt work. She doesnt have any asset in her name.How was she able to finance all these things for you?Kinda crappy thing to do, have your mom finance for you, then ruin her credit. 