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    CC/Line of credit in business name

    If I had a CC and line of credit in the business name and I guaranteed it is this treated any differently than my regular consumer debt?

    Thanks
    Very fortunate in the grand scheme of things but have learned my lesson.

    Filed 12/15/08, 341 1/12/09, Cont to 2/12/09, cont to 3/12/09, cont to 4/15/09, cont to 5/11/09, cont to 6/02/09. Discharged 9/16/09, Closed 10/23/09

    #2
    i dont know but one of my chase cards is a business account. i dont have a business but they sent me an app for a business card and i filled it out with just my name and of corse got the card. payments were always on time until i just retained my lawyer. not sure if they will dispute that one..i was actually wondering about that last nite. well one good thing if they do dispute it the balance on that one is about 2700. if i end up having to pay it back then owell.
    retained lawyer june 08, filed may 09....341 on 6/26/09- went smooth! Glad to be part of the 60 day club .... AND- 6/27/09- got engaged
    10/30/10- WEDDING!!
    09/04/09-discharged!!!

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      #3
      I have a Wells Fargo Business Credit card that doesn't even show up on my personal credit reports. I've still got it, even after BK.
      Check it out and see if yours is reporting.

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        #4
        I have an AmX line of credit in business name but personally guaranteed, most of them are.

        Just include it in your personal debt if you are doing a BK, since that's what it is.

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