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Terminating

Date: Fri, 06/23/2006 - 08:50

Submitted by anonymous
on Fri, 06/23/2006 - 08:50

Posts: 202330 Credits: [Donate]

Total Replies: 5


I am terminating the company I currently work for. I used to travel for them a lot, and because of that, they issued me a Corporate Credit Card (through USBank). The card is in my name, but they did not do a credit check or anything like that...they just gave it to me. I made some personal charges to the card, and always made the payment when it was due. Now, that I am leaving the company, I cannot pay the reamining balance of $2000.00. The company doesn't know about this yet, but what are their options when they find out? Because it is a credit card balance that is owed to the company (because I am sure the company will have to pay USBank on my behalf), I don't think they can arrest me or press any charges, can they?? I mean, I didn't steal anything, right?


When I had a corporate card in my name, it was my responsibility to pay the bills. Wasn't this explained to you when the company gave you the card? I am the one that was called if the payments were not on time. Not sure this really answers you question, but I think it is your responsiblity. You probably should tell them.


lrhall41

Submitted by on Fri, 06/23/2006 - 09:01

( Posts: | Credits: )


I do know that it is my responsibility to pay, and I have been doing that. The problem is that the full balance on the card is due every 60 days, and there is no way I will be able to meet the full balance in 60 days. Since, I will not be paying the full balance, I know they will eventually contact the company. I will attempt to make payment arrangements with USBank, I just wanted to make sure that I had not broken any laws, and that my company could not press any charges or anything like that.


lrhall41

Submitted by Frassy on Fri, 06/23/2006 - 09:42

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