Stecky
Feb 3, 2009, 10:02 AM
Can a collections company working on behalf of credit card companies utilize "Quantum Meruit" in order to collect from officer of corporation, where no personal guarantee exists?
Stecky Feb 3, 2009, 10:02 AM Can a collections company working on behalf of credit card companies utilize "Quantum Meruit" in order to collect from officer of corporation, where no personal guarantee exists? JudyKayTee Feb 3, 2009, 10:28 AM They can certainly attempt it - do I think they'll win? No. Of course, an IMPLIED guarantee can form a contract and that will be the argument. I've seen this argued based on where and how the card was used. One personal purchase/use and the officer is liable. Fr_Chuck Feb 3, 2009, 10:36 AM Thus the reason to have a corporation Copyright ©2005-, Ask Me Help Desk
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