Deadlock exiting CC

[Lilla]

Thank you so much Tania. Not resolved yet. We are maintaining a good working relationship but at the same time I have to start something to earn an income. If the situation does not get resolved soon I will do exactly as you advised. Am I correct in saying that I will not be held redponsible for any debt that the CC incurs after I leave as the CC is an entity on its own?

[Justloadit]

Thank you so much Tania. Not resolved yet. We are maintaining a good working relationship but at the same time I have to start something to earn an income. If the situation does not get resolved soon I will do exactly as you advised. Am I correct in saying that I will not be held redponsible for any debt that the CC incurs after I leave as the CC is an entity on its own?

Not if you have signed surety, and any credit requests over the years. The creditors do not care what is really happening. And this is one of the shortfalls of being a C.C.

[TaniaJvr]

Yes you will first have to check whether or not you signed any sureties that you may not be aware of. And you'd also want to check what your loan account is...do you owe the CC money or do they owe you?

[Lilla]

Thank you. Company owes me money. Will double check surety. I am in awe of everyone that takes time out of their busy lives to give me advice. May you reap what you sow.