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About Christine Janklow
Expertise
As President of SettleSource,Inc. a business debt settlement firm, I invite you to inquire about all aspects of business debt solutions to best determine which may be most appropriate. If you have questions such as: What is debt settlement and how process provide debt relief to my business? What options are available to deal with my business debts? Is it possible for a business owner to negotiate their own settlements? Why is debt settlement preferable to filing a bankruptcy or debt consolidation? Why are creditors willing to provide settlements to a business? How will settling debts affect credit scores? or How to rebuild a business after debt is eliminated. Please ask it now! For more information regarding how debt settlement can help your business, please visit www.SettleSource.com and place your inquiry. Mention All Experts to have a confidential no cost consultation with Christine. If this is your business situation time may play a very important factor in getting matters resolved proactively before they have negative affects on the business.

Experience
My expertise is specific to providing business solutions that will have profound positive impacts on the financial health of businesses. I have 25 years experience as an entrepreneur and have developed national sales programs; strategic alliances; product development; marketing programs; business and turnaround plans and debt settlement programs all providing methods to improve the financial outlook for large and small businesses.

Organizations
Turnaround Management Association; Los Angeles area

Publications
Los Angeles Daily News; Today Magazine Monthly series of business articles entitled "Brand News."

Education/Credentials
Bachelor of Business Administration; Associate of Arts Merchandising

Past/Present Clients
American Airlines, American Express, Safeway Inc., New York Life, consumer products manufacturers; retailers and service providers.

 
   

You are here:  Experts > Business > Small Business Information > Business Debt > amex debt collection

Business Debt - amex debt collection


Expert: Christine Janklow - 2/3/2008

Question
How is it legal for amex to ruin my credit by posting a collection on my credit for a credit card that i did not sign for or guarantee.   I was the controller in a mortgage company and I had a card for ease of monthly bill management and running the office.  Most the charges went on my card as I paid the bills for the company.  However it was the owners credit.  Now they want to put me in collections and they shut down my personal accounts with them.  It doesnt seem like blackmail to me it seems illegal and their practices should be stopped!  If they want to make employees responsible then the employee should have to apply for credit and understand it is their credit not this shady collection practice they have going.

Answer
Sharon:
Thank you for your inquiry. I regret the situation and distress this has caused you. Without the benefit of knowing every detail of your case, it would appear that this is a legitimate dispute with Amex. Have you thought to contact them, in writing to verify the debt is not yours? You can also contact either a reputable/licensed credit repair agency in your area to dispute and repair the damage on your behalf or you can speak to an attorney that may be able to represent your interest in this matter. Although this situation is not pleasant it should be able to be resolved with further effort.
I wish you the best in that resolution. If you found this answer helpful, please take a moment to rate it so others may benefit as well.

Respectfully,

Christine Janklow

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