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Re:If you didn't cancel the credit card you used for linode.... by doktrin on Thursday June 06, 2013 @03:31PM (#5834646)
Your available credit line is not debt, and I can't recall ever hearing of anyone being held accountable for fraudulent purchases made against their account. Does this happen?
Re:If you didn't cancel the credit card you used for linode.... by ahonhn on Tuesday June 11, 2013 @05:53AM (#5860723)
Credit card terms vary from country to country.

Here (Singapore) card conditions were recently changed so that you would only be liable for the first $100 of fraudulent transactions (assuming you can prove it wasn't you). I think the bank can still hold you liable for more if they find you were negligent about guarding your card details.

Prior to these condition changes, I remember being told by the bank that you would be liable for all charges incurred before you had reported the card physically stolen or lost.

Re:If you didn't cancel the credit card you used for linode.... by mikeash on Thursday June 06, 2013 @03:57PM (#5834802)
In the US, you have zero liability for fraudulent charges made on your card without a valid signature, by law.
Re:If you didn't cancel the credit card you used for linode.... by dllthomas on Friday June 07, 2013 @06:24PM (#5842448)
I wound up being held accountable for a small amount because I missed a deadline in the follow-up paperwork. So yes, it happens, but only when it doesn't matter much.