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Will AMEX agree to continue to extend credit during
My experience is that Amex is very unforgiving; the first to terminate credit based upon a contract defaultand the last to reestablish credit after a settlement or a bankruptcy discharge. Peter M. Lively, J.D., M.B.A.
Law Office of Peter M. Lively * Personal Financial Law Center I
11268 Washington Boulevard, Suite 203, Culver City, California 90230-4647
Telephone: (310) 391-2400* Toll Free: (800) 307-3328 * Fax: (310) 391-2462
On Friday, July 8, 2016 1:11 PM, "Holly Roark hollyroark22@gmail.com [cdcbaa]" wrote:
A business relies heavily on Amex each month ($100k) to keep its business running. The Amex bill is paid in full each month.
Does anyone have experience with AMEX agreeing with (and the court approving) such an ongoingfinancing arrangement in chapter 11? If not, are there any specific lenders you know ofwho we can reach out to who will provide such financing during chapter 11?
Holly RoarkCertified Bankruptcy Specialist*
and Sports Lawyer
holly@roarklawoffices.com**primary email address**http://www.roarklawoffices.com/Central District of California & District of Idaho - Consumer Bankruptcy Attorney1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601*By State Bar of California Board of LegalSpecialization
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