I searched the forum and have found some similar topics but nothing that really answered my question so here I am...
We purchased a washer, dryer, fridge, stove, and microwave at Sears a little over a year ago. These were all either the least expensive or very close to the least expensive available.
The purchases are split between two different cards.
The first is a Sears Charge Plus (store card).
$947 for a stove. $1263.23 for a washer and dryer. Prices include protection agreement. We got a deal for 1 year no payments. We have made maybe a couple of payments on this card.
We never dreamed last year when we bought these that we would be filing bk. This was not intentional.
The other card is a Sears Gold Mastercard.
$1,250.13 for a fridge. 129.88 for a microwave. Prices include protection agreement. We made regular payments on this card.
We listed these items in our household goods. It had previously not occurred to me that they could repo these items since it's unsecured debt, but reading on this site has made me fear that these items are a special case (store card) and they could be repossessed.
We NEED these items -- or at least we need a w&d, fridge, and stove (microwave is pretty important too!).
Any chance Sears is going to want to take these household appliances?
We purchased a washer, dryer, fridge, stove, and microwave at Sears a little over a year ago. These were all either the least expensive or very close to the least expensive available.
The purchases are split between two different cards.
The first is a Sears Charge Plus (store card).
$947 for a stove. $1263.23 for a washer and dryer. Prices include protection agreement. We got a deal for 1 year no payments. We have made maybe a couple of payments on this card.
We never dreamed last year when we bought these that we would be filing bk. This was not intentional.
The other card is a Sears Gold Mastercard.
$1,250.13 for a fridge. 129.88 for a microwave. Prices include protection agreement. We made regular payments on this card.
We listed these items in our household goods. It had previously not occurred to me that they could repo these items since it's unsecured debt, but reading on this site has made me fear that these items are a special case (store card) and they could be repossessed.
We NEED these items -- or at least we need a w&d, fridge, and stove (microwave is pretty important too!).
Any chance Sears is going to want to take these household appliances?
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