Yes. Unpaid accounts with a company that has filed for bankruptcy are still collectible. Outstanding accounts become part of the bankruptcy proceedings.
If you have a bad credit history, you can still avail of credit card applications. It depends on the company. Sometimes, you have to fix your credit card history before you can apply for a new one.
Yes, you are still obligated to pay off your debt even if a credit card company sells it to a third party.
If your employer goes bankrupt, you are generally not personally liable for their credit card debt. Your liability for credit card debt typically arises from your own credit agreements, not from your employer's financial situation. However, if you have personally guaranteed any debts or if you used your personal credit for business expenses, you may still be responsible for those. Always consult with a financial advisor or legal professional for specific advice related to your situation.
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
Call your credit card company and inquire. If you can not get through, cancel the card.
If you have a bad credit history, you can still avail of credit card applications. It depends on the company. Sometimes, you have to fix your credit card history before you can apply for a new one.
Yes, you are still obligated to pay off your debt even if a credit card company sells it to a third party.
The bank will keep sending you reminders, but if you still refuse to pay, then the bank or credit card company will take you to court, and then if you cannot pay them in money, they will repossess items from you to the value that you owe. Or if you still cannot do that, then you may be declared bankrupt, all debts written off, but obtaining any credit in the future (credit cards, mortgages, loands) will prove extremely difficult, nay impossible.
If your employer goes bankrupt, you are generally not personally liable for their credit card debt. Your liability for credit card debt typically arises from your own credit agreements, not from your employer's financial situation. However, if you have personally guaranteed any debts or if you used your personal credit for business expenses, you may still be responsible for those. Always consult with a financial advisor or legal professional for specific advice related to your situation.
If it isn't on your credit report, the credit card company still has hopes of you paying it off. When they see that isn't going to happen, you can bet your butt that it WILL be on your credit report.
Call your credit card company and inquire. If you can not get through, cancel the card.
No, you can not give credit that you have to someone else. You can loan someone money or your credit card, but you are still responsible for paying the credit card company back.
American Express credit card company offers easy terms for getting a credit card, they offer fast customer service. They are known to pay merchants slow but is still a popular card to use.
Notify them that the credit card was stolen to the credit card company and dispute all the charges on the credit card. You would also have to file a police report if the credit card was stolen. The credit card company must investigate the charges.
The credit card company has no obligation to reimburse or dismiss charges on the account unless indentity fraud is involved. A case where the card or card info was stolen and used without the knowledge of the holder. If the card holder knew the card was used fraudlently and did not report it in a timely manner, the company is still not legally obligated.
No, a company can not charge a credit card without permission. This violation should be reported immediately to your credit card company.
Sure they can. Inactive means it hasn't been used for a while, but it is still a valid account.