Your wife committed fraud. If you don't want to pay for a Porsche, report it.
Yes they do.
That phrase: "Not valid unless signed," is a credit card company requirement, NOT a legal requirement. Believe me, they will tkae you to court and make you prove that it is not your signature on the credit card slips.
You must have a signed or imprinted merchant credit card copy to provide when answering a dispute.
the credit card company sends people to get their money i would want to pay them.
If you return something you bought with a credit card, the merchant will typically refund the purchase amount back to your credit card. This will result in a credit on your credit card statement, reducing the amount you owe.
They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?
When you make a purchase using a credit card, the credit card company pays the merchant on your behalf. You then owe the credit card company the amount of the purchase, which you must pay back according to the terms of your credit card agreement.
they will take your money and repossess your belongings
The overpayment will sit on your credit card account until youeither use your card to pay for items and use up the overpayment or you claim it back from the credit card company.
When you return something you bought with a credit card, the amount you paid for the item is typically refunded back to your credit card account. This can help reduce your credit card balance or provide you with a credit for future purchases.
the credit card issuer pays the store
When you over pay a credit card, you have then a "credit balance." This means, in essense, the credit card company owes you money. You can either have them send you a check to pay off the difference, or the credit balance will be eliminated when/if you use your card again.