Got An At&T Credit Card? Don't Go Bankrupt
In "Got an AT&T credit card? Don't go bankrupt" (Finance, Sept. 15) we incorrectly said that GE Capital will pay $178 million to more than 17,000 bankrupt customers. The $178 million should have referred to a record settlement that Sears, Roebuck & Co. agreed to pay its debtors and that did not involve GE Capital. Separately, GE Capital has returned money to bankrupt customers who, without a lawyer, signed agreements reaffirming their credit obligation to GE Capital. The company expects to handle the matter without a problem to its earnings.