Statement of Intent

[filingsoon]

I need help with understanding the Statement of Intent for a watch I bought 2 years ago at Macy's.

I bought the watch and when I didn't have any money left, I had to sell it on Ebay, but I never finished paying off the card to Macy's. I think this purchase was considered secured since it was kept separately from my other Macy's purchases.

Does anyone have any ideas hpw I should I handle this on the Statement of Intent form and on the Schedule B?

Any ideas would be very helpful.

[bkmaggster]

My understanding is that Statement of Intent is for things like mortgages and auto loans. I know Best Buy tries to make items purchased on their card secured as well, but in practice it really is treated as unsecured debt. I would think Macy's would be the same.

So you don't need to do a statement of intent for Macy's.

Someone with more experience in this area will come along shortly and articulate this better, I hope.

[downsized]

I think the above poster is right. We bought an expensive tv from Best Buy just a few months before filing and we didn't have to list it.