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If you have a duplicate company credit card in your name and the owner of the business died can you be held responsible for the remaining debt?
Wiki User
∙ 18y ago
Unless you have some stake in the company, you have no liability on any credit card transactions. Unless you continued to use the card after the owner's death. That COULD be a criminal act.
Wiki User
∙ 18y ago
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The business is, provided the charges were for business related or permitted personal purchases. Most businesses, however, have policies for personal purchases on company plastic, and procedures for paying back the company. If personal charges are not permitted, then the card holder will be required to pay back the debt.
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