Hello, I had a corporate American Express card. The company went out of business. American Express is claiming that I am personally responsible for the charges. I have asked for proof or something that I signed saying that I was responsible. They said they don't have anything since the card was issued originally in the 1980's.
Another person trying to collect told me that when I received the card in the mail there was some fine print attached that said that if I used the card I would be responsible.
The card actually says CORPORATE on it. What really are the liabilities personally? Is there a way to fight this?
This certainly impacts hundreds of thousands of people who have Amex Corporate cards issued to them by their company.David, thanks for your input. The credit card was not mine, but the company's. It had my name and their name on it, it was billed to them. I was only to use it for company expenses. The bill went to the company, since they closed down the bill was not paid. There are probably 8 people with these cards all of whom are supposedly personally liable. Does that help?