HSBC Bank on Pacer

[OutofTime]

I received a letter from my attorney a week and a half ago stating that one of my creditors sent a letter wanting to get some add'l information. Apparently, Best Buy is stating they hold a purchase money security interest in consumer goods.
The only thing that I bought was a cell phone in July 2009 for $200.00 but I continued making payments until Dec 2009. Now HSBC wants me to either reaffirm, make a cash redemption on lump sum, or surrender the collateral. My balance was $2,300 prior to filing from a tv I bought in 2006 that I was still paying on. Anyone here have a clue on what they are after and is it something to worry about that a lawyer for HSBC is showing up as the only lawyer from my pacer report?

[Meatstick]

I would tell them to pound sand and invite them to incur the expenses of having to pick-up whatever they are inquiring about.

But seriously I would just tell your attorney that you will be happy to give back any items they want. Chances are its just a bluff in hopes you will either re-affirm or make a cash offer.

[OutofTime]

haha thanks for the reply meatstick, sounds like I don't have to worry about this that much then.

[Brazzy]

I would tell them to pound sand and invite them to incur the expenses of having to pick-up whatever they are inquiring about.

But seriously I would just tell your attorney that you will be happy to give back any items they want. Chances are its just a bluff in hopes you will either re-affirm or make a cash offer.

Sounds about right. To repo a TV it would take a motion to lift the stay, a replevin, a repo agent, and an auction. Pretty costly. It would have to be one kick ass TV.