I have small credit card debt with bank A but now bank A is closed and bank B took over, what can happen in this case?

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    LegalHelp

    answered on 31/10/2017

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    It depends on the arrangement of the takeover but but the Bank B is most likely to have the Bank A's receivables now. As such, it appears that you are required to pay your debt to the Bank B unless stated otherwise.

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