bankrupt company ?????

Discussion in 'Credit Talk' started by j-mnak, Mar 14, 2002.

  1. j-mnak

    j-mnak Member

    if a company that i had a charge card with files bankruptcy they intern give my account to another company do I have to pay this company?
     
  2. whyspers

    whyspers Well-Known Member

    Yes. Accounts are considered assets of the company and when they file bk...are routinely sold and the proceeds then distributed by the trustee.




    L
     
  3. j-mnak

    j-mnak Member

    my card was lamonts they went under and now i am paying bon marche doesn't make sense to me.....
     
  4. GEORGE

    GEORGE Well-Known Member

    MONKEY WARDS CLOSED...the accounts were sold to WAL*MART STORE CARD (MCCBG).
     

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