johnsonbunch
Junior Member
Was self-employed for many years in FL and incorporated. I was sole officer, president and operator and paid myself salary. Business was dissolved fall 2008. Only debt left was a $18,000 Business Mastercard in the name of the business with my name below. I pulled an Equifax credit report last week and it does not list this card at all in my personal credit report. Money is very tight and there's no capital to pay it off from.
1. How am I responsible for this debt?
2. If I let it go past due, will it affect my personal credit?
3. Would a business bankruptcy affect my personal credit? Would that be a reasonable option?
4. Any suggestions?
1. How am I responsible for this debt?
2. If I let it go past due, will it affect my personal credit?
3. Would a business bankruptcy affect my personal credit? Would that be a reasonable option?
4. Any suggestions?