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Ash, Solicitor
Category: Law
Satisfied Customers: 10916
Experience:  Solicitor with 5+ years experience
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If I pay by use of a credit card and the organisation

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if I pay for something by use of a credit card and the organisation goes out of business do I have a legal right to recover the amount concerned from the credit card company ?
Hello my name is ***** ***** I will help you with this.
Yes. Under Section 75 of the Consumer Credit Act (which applies to both Scotland and England) means that the card issuer is liable for any breach by the merchant. If they went out of business then the card company is joint and severally liable.
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