Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
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Path: utzoo!linus!wivax!tackett
From: tackett@wivax.UUCP (Raymond Tackett)
Newsgroups: net.legal
Subject: Re: Unintentional creditors in business bankrupcies
Message-ID: <19044@wivax.UUCP>
Date: Thu, 15-Dec-83 17:35:20 EST
Article-I.D.: wivax.19044
Posted: Thu Dec 15 17:35:20 1983
Date-Received: Fri, 16-Dec-83 03:51:26 EST
References: <211@aat.UUCP>
Organization: Wang Institute, Tyngsboro, Ma.  01879
Lines: 13

I once did business with a firm that not only went out of
business, but was under investigation by the fraud division
of the U.S. Postal Service.  One phone call to American Express
to ask about their policy in such cases led to removing the
charge from my account. (They checked my story promptly and
removed the charge without further comment.)

I have never had the situation occur with MasterCard or Visa, 
but their performance varies quite a bit depending on the 
underlying banking institution.  My relations with those
companies were often less than cordial.