Legal Question in Credit and Debt Law in Missouri

I am a business owner being sued for default on a credit card account. My question is as follows: on the application that was filled out originally by me as my company. The section that was not filled out was AUTHORIZED USERS ON ACOUNT. Now yes maybe all these charges were for company consumption, but, not all charge slips, were signed by me, " THE AUTHORIZED USER."

So my question is, if someone else had signed there name, am I responsible?


Asked on 8/28/10, 10:00 pm

1 Answer from Attorneys
Anthony Smith LawSmith

Your (or your company) are responsible to the extent that the Credit Card issuer (or their successor) can prove that the charges were authorized, depsite the non-staement on the initial authorized user list. If you timely complained or challenged those charges that were signed by others, you might be okay. If you did not, then it may too late for you to challenge those charges. Most card issuance agreements include a clause where you agree to reimburse them for their attorney fees in collecting their claims in court or out.

Good luck

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Answered on 9/03/10, 9:05 am


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