My former company didnt pay the bills, now its hurting my credit?

Question

I was fired from my former company for an unrelated issue and at that time I was ordered to turn over my company credit card, ID, business cards.
Six months later, I have a new job, moved, and tried to buy a car and before they could extend me a loan, I needed to fix my Amex account. I obtained a copy of my credit report to find that my company credit card had not been paid, to the tune of $368, after fees. Experian now shows "180 days delinquent." I called my co. and they admit responsibility for the amt, but they are not responsible for my credit report based on terms of credit card as they were just a cosigner. Amex says the report is accurate and will not help me. If I had left the company on my own, I would have agreed with my company's stance. Since I was terminated, and ordered to turn over the company cards, I was denied access to the information. Anyone else gone through this mess? Contemplating a lawsuit against my former company and want general laymens opinions....

All the reciepts were in my office desk, when I was fired, they called me in from my day off for a meeting, told me I was fired, handed me a box of my stuff and sent me on my way.

The company did not pay the bills, by their own admission, because somehow they "slipped through the cracks." To this point, the regional HR clerk that I dealt with when employed has been my only contact. Hes a saint, though I know it was probably his error to begin with. He has repeatedly asked the company higher ups to contact me but they refuse to call me, apparently. All info I have is what he said, which is they are claiming its not their responsibility, but they are in the process of paying for the bill.

The purchases were company meals for employees during a busy period and supplies for the business, including office staples and items directly important to the business and freely within my perview to purchase at my position. however all reciepts are in their posession.

The process to get the company credit card was through the company. I filled out an AMEX application, it was sent to San Francisco's admin office, approved by the VP of Finance for my company, then forwarded to Amex. The card itself stated my company's name below my name on it and it was an AMEX Corporate Card.

According to Amex, the delinquency wasnt reported to the bureaus for 180 days because they always give "corporate responsibility credit cards" that time to correct issues. Once its sent to collections, both parties get the negative mark. thats from Amex's mouth, and I asked them to put that in writing which they did and mailed to me.

Its not the paying of the balance thats the issue, its the long term effects of this on my credit report which I am taking offense to.

everyone seems to say, "just pay it." Thats definitely not the point of all of this. They are paying it and as far as I am concered I am sure they will.

They fired me, threw me out on my kiester with zero notice, over an issue that was resolved months earlier. then screwed up on the out-processing somehow saddling me with a bill and a 7 year gift.... I am stark raving mad about this. I, personally, would PAY WELL OVER A GRAND for the right oppurtunity to stick it to em. But I will not file a frivilous lawsuit. I need to be in the right. Had they been a bit more apologetic instead of this crap of not even returning my calls, I wouldn't even give it a second thought.

Once again, I will not file a friviolous lawsuit, but if I am in the right here, id go at it on principle.

The firing issue is actually under research as it quite possibly was a retaliation/whistleblowing issue. But this is a separate issue and I am treating it as such.

I hope that clears things up

"Paying it is half the problem, you have to have your former employer admit it was their error so the derogatory information can be removed from your files."

I found AMEX most heplful with this part and I praise them for the direction they gave me on this even if it wasnt the answer I wanted to hear.
I asked what it would take to remove it from my credit, and they said "Amex will not remove this from your credit report, because as far as AMEX is concerned, the debit is valid and correct. It will be difficult for my former company to fix my credit report because they did not initiate the credit notation. "

So as far as I can tell, unless someone knows someting that this person at AMEX and I are missing, My former employer cannot have a notation removed from my record, at best, they can provide me a letter stating "fault", but that doesnt do enough to clear up their fault in this, in my opinion.

Answer 1

Write a letter to the Office of the President and tell him/her that unless the said amount is paid by a certain due date, you may consider taking other actions against them. Send 1 regular, 1 certified. I would also notify the Credit Bureaus of this dispute and have it put on your credit files.Paying it is half the problem, you have to have your former employer admit it was their error so the derogatory information can be removed from your files.

Answer 2

Did you actually sign the agreement as co-signer? Usually the employee doesn't actually co-sign for a company credit card.

If you signed, your best bet is to pay the deliquent amount and sue your former employer for that. You could try to get Amex to remove the negative for settlement but get that in writing.

Answer 3

Just pay the bill off. Take the company to small claims court if you want. But the important thing is to get it paid. If everything else on your credit report is good, it shouldn't hurt your credit all that much but get it paid off asap.

Answer 4

i'm sorry to take heed to this. you will possibly desire to no longer might desire to deal with this form of element, exceptionally out of your guy or woman mom! That suggested, i might confiscate each and all the enjoying cards on your call. If she is familiar with the cardboard numbers then touch your mastercard companies and have them close your modern-day open account numbers and undertaking you new card numbers. What you additionally can evaluate is consolidating your mastercard debt onto the backside value card or evaluate beginning a sparkling card account with a 0 pastime promo value in case you will get one - then see in case you will get your mastercard companies to bypass your balances on your new no pastime card so which you have greater time to pay it off w/o incurring greater pastime (purely be careful with the aid of fact in case you do not have one hundred% paid off while the promo era expires they'll verify the pastime from day one as though the promo value by no potential existed and you would be answerable for each and all the pastime). regrettably, your mom's movements impression YOUR credit with the aid of fact the enjoying cards are on your call - would not count who charged it (till you desire to checklist the charges as fraudulent on your guy or woman mom) and you are the sole guy or woman the mastercard companies will carry responsible. attempt your terrific to diminish your expenditures of pastime and pay off the debt as quickly as you may. interior the period in-between, shrink your mom off of your credit bills - be it credit enjoying cards, utilities, in spite of. attempt to get your mom to pay you back in case you may, yet do no longer bypass away your credit attractiveness in her palms any further. sturdy luck.

Answer 5

Why doesn't/hasn't your former company paid the bill. What kind of charges are on the card. You are going to have to prove they were all related to expenses related to your former employment.

Answer 6

If it's only $368, I would just pay it. You would spend much more than that if you tried to go after them in court.