If the company I work for goes bust will I be on the hook?

CJez

If I have a credit card in my own name, but owned by the business (not my business, I am just an employee), would I be accountable for outstanding debt on the card if the company went into administration/"went bust"?

Thanks

[Deleted User]

If the credit agreement is with the business, they are responsible.

Ebe_Scrooge

Yep, assuming the account belongs to the business then it's their responsibility.  Employees being issued with business credit cards by their employer is not uncommon.  It's the same principle as an additional card holder - husband is the account holder, wife is an additional card holder, husband is fully responsible for running/paying the account.

[Deleted User]

I've had both types of card. 
You need to check what you have signed. 

comeandgo

The company I worked for the company credit card did have a let out that the credit card company would expect the employee to pay if company would or could not.

400ixl

You need to check as many have dual responsibility where you can be held liable as well as the company.