Partnership/Credit Card
Partnership/Credit Card
Out of context: Reply #10
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- horton0
not that unusual or backward thinking. assuming they incorporated the business and card was in business name.
pretty normal to have a company card, but on bank records it will be in one person's name and that person is ultimately responsible for the card activity. court isn't going to fix. folding the company and dividing debt between shareholders in % of share is most likely.
but i'm no lawyer.