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Q: corporate credit card debt petitioned in PERSONAL chapter 7 bankruptcy? ( No Answer,   4 Comments )
Question  
Subject: corporate credit card debt petitioned in PERSONAL chapter 7 bankruptcy?
Category: Business and Money > Consulting
Asked by: otto2go-ga
List Price: $2.00
Posted: 05 Mar 2003 22:38 PST
Expires: 04 Apr 2003 22:38 PST
Question ID: 172538
Can I petition a corporate credit card (Visa, Master Card, AMX,etc.)
in a chapter 7 PERSONAL bankruptcy, when the card (unsecured) was
obtained by using MY social security number???
Answer  
There is no answer at this time.

Comments  
Subject: Re: corporate credit card debt petitioned in PERSONAL chapter 7 bankruptcy?
From: probonopublico-ga on 06 Mar 2003 00:39 PST
 
Sorry but I do not understand your question.

Can you please be more explicit?
Subject: Re: corporate credit card debt petitioned in PERSONAL chapter 7 bankruptcy?
From: otto2go-ga on 06 Mar 2003 15:53 PST
 
I am expecting to file for chapter 7, personal bankruptcy very soon
and have a number of credit cards that will be petitioned in the bk.
Some of these cards have a company or corporate name on them. All of
our cards, including the so-called corp. or business cards were
granted, to the best of my knowledge, based on MY social security
number,etc. This being the case, will they be discharged without
question, along with my personal credir cards??? Thanks for your
response. Otto2Go.
Subject: Re: corporate credit card debt petitioned in PERSONAL chapter 7 bankruptcy?
From: probonopublico-ga on 06 Mar 2003 21:55 PST
 
I don't know about Bankruptcy in the US but, in the UK, bankruptcy
wipes out all your personal debts.

However, you have to declare all your assets.

I can see no reason for your concern.

Am I missing something?
Subject: Re: corporate credit card debt petitioned in PERSONAL chapter 7 bankruptcy?
From: otto2go-ga on 06 Mar 2003 23:10 PST
 
The real question is-can a so-called corporate credit card be
discharged in a PERSONAL cpt. 7 BK? or is a Corporate BK7 required for
all so-called corp. considerations. The key, to me, seems to be if the
"corp" card was supplied to me, bases on my own social security
information, them it would be a matter covered for BK purposes, by a
Personal BK... comments...

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