I have a corporate company credit card

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Jason.st
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by Jason.st » Sun Jan 24, 2010 9:54 am
I have a corporate company credit card that I have to use for travel/hotel expenses. Will I still be able to use this after I enter into my IVA ?

 

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kallis3
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by kallis3 » Sun Jan 24, 2010 10:20 am
Hi,

I think that as long as the company picks up the bill you should be ok.

One of the experts will be along to clarify later.

 

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Diddy
Posts: 74
by Diddy » Sun Jan 24, 2010 10:20 am
I'm no expert but i believe the answer is yes you can continue to use it as the credit is not in your name and it is your employers responsibility to pay it back.

I'm sure someone else will be along soon to confirm or deny my assumptions.

 

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Jason.st
Posts: 6
by Jason.st » Sun Jan 24, 2010 10:28 am
The card has my name and the companies name on it. The way it works is I use it, then have to claim the money back via the company expenses and then pay the full outstanding balance at the end of the month.

 

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kallis3
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by kallis3 » Sun Jan 24, 2010 10:35 am
I think you may be ok as it's not your money you are using to pay it back, but hopefully one of the experts can clarify that.

 

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MelanieGiles
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by MelanieGiles » Sun Jan 24, 2010 1:08 pm
You will definately be permitted to continue to use your work's credit card Jason - but strictly for business related expenditure.

 

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Jason.st
Posts: 6
by Jason.st » Sun Jan 24, 2010 5:53 pm
Thanks for the advice all, I'm sure there will a few more over the coming month until I get the IVA rolling.

 

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Shining
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by Shining » Sun Jan 24, 2010 5:57 pm
Glad you got the advice Jason that you were looking for, do please ask for any further advice/support you need and I hope your IVA goes smoothly for you.

 

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newbeginings
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by newbeginings » Mon Jan 25, 2010 9:00 am
We are like minded this forum has been my lifeline over the past 12 months!
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