Company claiming the credit card debt that is under my name on their report
This is a discussion on Company claiming the credit card debt that is under my name on their report within the Business Bankruptcy forum, part of the Starting a Business category; State: Michigan I recently opened up a line of credit that was used by a business to transfer a balance ...
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Jan 31st, 2009, 03:45 PM
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Company claiming the credit card debt that is under my name on their report
State: Michigan
I recently opened up a line of credit that was used by a business to transfer a balance the business had before I joined the company. The company is now claiming Chapter 11 and claiming the credit card debt that is under my name on their report. I am now paying for the amount of cash that was transferred on to my name. What recourse do I have against the business, if any? No agreement was in writing, but the company was making payments on the debt for over a year before they stopped. Can I make a claim that this amount is owed to me in the creditor's meeting? Thanks |
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