Legal Question in Credit and Debt Law in Pennsylvania
What are the consequences of defaulting on a business credit card in the state of Pennsylvania? Can they go after my social secuity, pension, personal property or annuities?
Asked on 1/04/11, 11:51 am
1 Answer from Attorneys
Matthew Nahrgang
Nahrgang & Associates, P.C.
Usually, business credit cards provide that the borrower is both the company and the individual who signed for the card. So, you are likely personally liable.
You can consider a bankruptcy and feel free to call or e-mail me on a free initial basis.
Answered on 1/11/11, 11:10 am