In a personal bankruptcy, business credit cards typically cannot be directly claimed as they are considered business debts. However, if the individual personally guaranteed the business credit cards, those debts may be included in the bankruptcy proceedings. It's essential to consult with a bankruptcy attorney to understand specific liabilities and implications based on individual circumstances.
Most business credit cards do come with a personal guarantee. There are, however, ways to get a business credit card that does not require a personal guarantee.
As a chase customer I can honestly say yes they do offer both personal & business credit cards and they have a wide variety of personal and business credit cards some have rewards and other special perks.
There are many types of credit cards as per your requirements.
No. When you applied for the business credit cards, it appears you were required to sign as personal guarantor as a condition of the cards being approved. The only way to be removed is to request it from the credit card companies who issued the cards. it would depend how long you have had the cards and if they feel your business has developed an acceptable credit history.
Business Credit CardYep. As long as its your social security number tied to the card and you own the business, the payments you make on behalf of your business card are reported. Business cards typically have larger credit lines so you can handle your business expenses with ease. Keep in mind that some business credit cards may require your social security number but does not report to your personal credit files. For example, Elan Financial issues a business credit card for many banks and while the credit application requires a personal credit check the debt only reports to your personal credit reports in the even of default.
Most business credit cards do come with a personal guarantee. There are, however, ways to get a business credit card that does not require a personal guarantee.
As a chase customer I can honestly say yes they do offer both personal & business credit cards and they have a wide variety of personal and business credit cards some have rewards and other special perks.
There are many types of credit cards as per your requirements.
No. When you applied for the business credit cards, it appears you were required to sign as personal guarantor as a condition of the cards being approved. The only way to be removed is to request it from the credit card companies who issued the cards. it would depend how long you have had the cards and if they feel your business has developed an acceptable credit history.
Business Credit CardYep. As long as its your social security number tied to the card and you own the business, the payments you make on behalf of your business card are reported. Business cards typically have larger credit lines so you can handle your business expenses with ease. Keep in mind that some business credit cards may require your social security number but does not report to your personal credit files. For example, Elan Financial issues a business credit card for many banks and while the credit application requires a personal credit check the debt only reports to your personal credit reports in the even of default.
yep
office max, fedex, staples, shofar
You can declare bankruptcy due to credit card debts, yes.
The financial institution ANZ offers a couple different credit cards. ANZ offers a credit card for personal and individual use as well as business and company credit cards.
no
One can apply for a Conoco Credit Card by going to the official Conoco website. There one can apply online for their credit cards including personal cards and business cards.
Yes, it is still possible to get a credit card after bankruptcy. "Secure" credit cards require you to place a security deposit down in the event of default, but they are a good way of rebuilding your credit.