How does Storehouse filing bankruptcy effect money I owe them.?

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How does Storehouse filing bankruptcy effect money I owe them.?

Storehouse's parent, The Rowe Cos., filed for Chapter 11 bankruptcy protection last month, All Storehouse locations are being closed.

I am set to pay them $1400 dollars (1/31/06) for a piece of furniture I bought from them with their credit card (12 months no interest).

The credit card is through a 3rd party...HSBC Retail Services.

2006-11-02 08:43:59 · 2 answers · asked by ec66 2 in Business & Finance ➔ Credit

2 answers

Wont affect.

The debt is with HSBC.

Good try though.

Bankruptcy facts: http://www.expert-credit-advice.com/bankruptcy_facts.htm

2006-11-02 08:49:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋

You owe the money to HSBC, not Rowe. The bankruptcy will have no impact on our legal obligation pay the debt.

2006-11-03 18:08:55 · answer #2 · answered by Carl 7 · 0⤊ 0⤋