I have a business credit card that will charge off soon and I can't do anything about it. what can I do to protect what little income I have from being taken by the creditor? Can they just confiscate everything I own when it's a business card? I still need to have operating cash to keep a roof over my head. I know a business card is different than a personal card, but I don't know what my legal rights are at this point.
I dont know much about this, but i would see if you can settle with the lender for a lower price than what is owed.
Business credit card charge off - what are my options?
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