What happens with purchases from stores like best buy?

[desertgrl74]

I bought a tv, stereo and speakers and defaulted on the store card, but sold it a year ago. Would they discharge it in that case? Or would the lender most likely want the money?

[pookieny]

I have heard it does get discharged but they do make an effort by way of a letter to retrieve stuff or get a settlement. Usually, the advice here it to ignore.

[Chowder]

They might try to scare you into a settlement. Might threaten to pick them up.
Any threat is pretty much toothless.

[anime-chicka]

I never heard a peep from HP regarding the computer I bought from them. I know that Bass & Assoc. was looking for any sort of assets, but seeing as I had none, nothing ever came of it. I think because the moment you get your computer or you walk out the door with it, it depreciates, there isn't much they can get from it.

[readytofile]

I was wondering this too. I mean if we are able to fit what we have from Best buy into our exemptions, can they still go after it? For example, my 16 year old daughter is in IT in school and we bought her a cheap $300 laptop from best buy last Christmas. Can they really come take that back from her if I can fit it in our exemptions?

Sorry didn't mean to piggyback off of your thread.

[Chowder]

Most year old PCs are not worth the gas money to pick them up.

NONE of these places want the merch back. They want the money, and if they think
you can be manipulated into giving them some, they will act accordingly.

[pookieny]

I just filed this past June was discharged in Sept and I filed on Dell credit for two computers and a digital camera. Still have them all.

None of them work for sh*t but I still have them.

[desertgrl74]

So, are any of you still paying for those best buy products? Since I sold mine, will I still have to pay them? I guess it's just a waiting game. I want to know what might happen.

[kenshirley]

I don't know what you bought there but used electronics has little value.
Don't believe me? Look at your Craigslisting and you'll find out.