garnishment
I used to have a small business and had two business credit cards, one with Amex and one with Advanta. They both had my business name, plus my name on them. Advanta said they would seek to garnish my wages. When i told them I didn't think they could do that in NC they said because it was a business card guaranteed by my name it was different than a regular personal cc and they would be able to garnish. What do you think?
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Yeah, they can garnish your wages, but only after they sue you and a get judgment against you. Most busienss credit cards for small businesses include a personal gaurantee, so if the business doesn't pay, you do. -
what should i do?
Do I go ahead and settle? or try and make payment arrangements? I was planning to file bk but that doesn't seem to matter does it? It seems as though I will end up paying this money back right?Comment
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No, you can personally file a BK and have that debt discharged as to you.Comment
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