Home
Archive
RSS XML
Contact
Search

Newest Posts
Lpg Conversion Cost
Get Approved For A Credit Card With Bad Credit
Household Bank Credit Card
Transfer Credit Card Debt
Rig Jobs
Credit Card Choice
Best Credit Card To Establish Credit
Card Consolidation Credit Interest Low Rate

Blogroll
Moneymakers Etc
Investment Boss
Loan Watchers
Insurance Fortune
Galactic Insurance
Drink Aficionado
Worldwide Snacks
House Divine
Bake Things
Blood Sucking
Food Wick
Lets Food!

Marketplace

Corporate Card Services

Posted on February 2, 2010.
Corporate Card ServicesAm I liable for credit card debts remain unpaid business when my company went bankrupt?

I had an Amex credit card and was left with a rather large outstanding balance when my company (Burr Wolff) went bankrupt. Am I responsible for the outstanding balance that was articles and services that were charged to the account of Burr Wolff (Google AdWords, etc.)? I have not had any luck in resolving this with an attorney for bankruptcy or person Amex ... please help.

The quick answer is "YES" when you register your AMEX card user agreement and terms and conditions of all the corp must say that you are responsible. This is mainly a security guard again by the employees of the abuse to collect personal items that can not be expensed. In the meantime, you will not get the results of their AMEX only interest is getting paid. What is between you and your business is not their business. You should refer to the bankruptcy process your current company and see if you can become a creditor to recover a portion of the outstanding balance. Otherwise, you can take comfort in the fact that corporate credit card companies are not reported to your personal credit histroy at all. Make sure to check with AMEX. I would say for the moment, Ingored balance, consult another lawyer from your current lawyers are obviously not give you good advice. Probably want to consult a personal financial advisor on this too! I hope this helps!

If the card was in your name, you are responsible. Except it was a corporate responsibility card.

Call AMEX and ask if the card holder is "responsible" or "corporate responsibility" of the card. If it holds, you must pay the bill. Then, the file for non-reimbursed business expenses on your taxes. You can also file a creditor Burr Wolff, but you would be very unlikely to get something.

Based on my own experience with AMEX business, at some point you have probably signed an agreement that made you responsible.

i 'd ask a bankruptcy lawyer in your area

wait until the chips fall ... but I doubt u'll be held legally responsible. they will try to snatch the silver heart, stand firm and tell them to walk in Central Park!

Your lawyer does not know the answer?
What is this?
How can we know if the professional is handling your case is not? We only want to speculate. . .
Go back and ask your lawyer again ALSO
Check your credit report, if it is there, you may be responsible. . . but again, guessing.

Share |

Comments

There are no comments.

Leave a Comment

Your Name
Your Email
Comments
Human Check. Type 6736.