American Express
I've been muddling my way through this bankruptcy thing, getting some money saved up to pay for a lawyer but have encountered a little problem (maybe a big one...I dunno)
I have/had an American Express Small Business Card that has about $13,000 on it, down from about $28,000. The car was used mainly for business purposes, but did have some personal items on it. I am no longer affiliated with the business, I gave it back to the original owner after deciding I was not capable of running it effectively. According to the agreement to return the business, I was responsible for all existing debt.
Now here's the problem, I plan on filing Chap 7 but the Collection guys are calling me AND the business relentlessly. I asked them to stop calling the business and to only call me, but they said since it's a business card they'll call whoever they have to to get the money. In talking to the collection company tonight, he told me to call him by Friday or they are going to begin the process of retaining a local attorney. I can't afford to file bankruptcy right now, I've only got about $100 to my name.
What are my options here??
Also, secondary question...If American Express threatens to "take back" some of the items purchased, if those items fall under the exemptions in Chap 7, are those items safe, or can they still take them?
I have/had an American Express Small Business Card that has about $13,000 on it, down from about $28,000. The car was used mainly for business purposes, but did have some personal items on it. I am no longer affiliated with the business, I gave it back to the original owner after deciding I was not capable of running it effectively. According to the agreement to return the business, I was responsible for all existing debt.
Now here's the problem, I plan on filing Chap 7 but the Collection guys are calling me AND the business relentlessly. I asked them to stop calling the business and to only call me, but they said since it's a business card they'll call whoever they have to to get the money. In talking to the collection company tonight, he told me to call him by Friday or they are going to begin the process of retaining a local attorney. I can't afford to file bankruptcy right now, I've only got about $100 to my name.
What are my options here??
Also, secondary question...If American Express threatens to "take back" some of the items purchased, if those items fall under the exemptions in Chap 7, are those items safe, or can they still take them?
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