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WALLSTREETESQ
WALLSTREETESQ, Attorney
Category: Bankruptcy Law
Satisfied Customers: 17080
Experience:  14 years exp., CH 7 AND 13 Bankruptcy cases, AFL-CIO UNION PLUS, UFT NYSID AND ALL MAJOR UNIONS
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Our company had an Advanta Card it was Incorporated company,

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Our company had an Advanta Card it was Incorporated company, our company was taken by the Sr, Lender and seized all assets. The company was sold under and Article 9 sale they keep calling for payment but the company no longer exists. I have been paying the minimum but the Sr. Lender told me not to as we are not responsible anymore is this correct?

WALLSTREETESQ :

Who exactly signed the card?

WALLSTREETESQ :

If the prior corporation does not exist and they were the only party who signed a guarantee on the credit card,

WALLSTREETESQ :

you are no longer liable, and they cannot go after you

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Customer: replied 3 years ago.

My name is XXXXX XXXXX card but it does not show on my own credit report


 

If it does not appear on your credit, you would not be personally liable, as it seems to be a corporate account, if you are not personally liable you are not liable to pay it.
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