Lost Item

[Scooprack]

My husband bought a Huer watch about 2-3 years ago and the remainding balance on the Jewlers card is about $1500. He hasn't paid for it the past 4-5 months but he lost the watch about 7 or 8 months ago. What could happen if he doesnt have it anymore?

[catleg]

People "lose" stuff all the time. Much better story this time. :-)

The debt lives on, they try to collect on it, sue you, get a judgment, garnish your pay. You pay or file BK.

[Scooprack]

People "lose" stuff all the time. Much better story this time. :-)

The debt lives on, they try to collect on it, sue you, get a judgment, garnish your pay. You pay or file BK.

Can they sue and get a judgement even after I file bk? If theY sue before the bk, then I decide to file, does it wipe that suite out?

[BobMango]

Bankruptcy would wipe out the debt, whether they sue or not. Once you file they are prohibited from continuing collection activity unless they obtain an order for relief from stay.