Just puchased 1500 tv from circuit city with 5 year warranty who will honor warranty if they go under in bankruptcy should you take the tv back get your money back?
If Circuit City goes under, chances are the courts will order a third party to handle the warranties, as one possibility. They could order refunds on the unused portion of your extended warranty, or some other arrangement. If you hear about Circuit City going bankrupt, I'd not hesitate writing the court handling the bankruptcy proceedings and bring the issue up with them. Most likely, Circuit City will go for a reorganization and close a few stores around the country in an effort to stay solvent.
The circuit court sent garnishment payments they received to the creditor after the date they filed the hold on the garnishment due to bankruptcy should I get that money back?
How should an obligation that is discharged in a Chapter 7 Bankruptcy be reflected in a subsequent credit report?
If a bankruptcy was discharged on an account that was sold to another lender and the original creditor is marking it as a charge off should it be marked as bankruptcy by the original creditor?
If you are planning to file a bankruptcy, you should find an experienced, competent bankruptcy lawyer if you want to succeed. Filing a bankruptcy is a huge decision, but it can help you lift the burden of financial debt from your shoulders. When you meet with a bankruptcy lawyer, you should ask the following questions. Ask your bankruptcy lawyer if you should file a bankruptcy and find out what options you have. A good bankruptcy…
The best way to find out would be to sit down with a bankruptcy lawyer who would be able to advise you of the different types and whether bankruptcy is the right option for you. Generally speaking, Chapter 7 bankruptcy (straight bankruptcy) is liquidated bankruptcy whereas Chapter 13 bankruptcy (repayment plan bankruptcy) is reorganization bankruptcy