can rent to own furniture go in a bankrupt suit?

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can rent to own furniture go in a bankrupt suit?

2007-05-14 12:31:20 · 3 answers · asked by Cookie W 1 in Business & Finance ➔ Credit

3 answers

Yes, a rent to own account can be discharged in BK. If the creditor wants the collateral back you will most likely be required to make it available for them to pick up. If you paid on it long enough they may just let you keep it. Good Luck

2007-05-14 13:47:32 · answer #1 · answered by GUS 4 · 0⤊ 0⤋

Bankruptcy may get you out of additional payments, but until the LAST payment is made, you don't own the furniture. You can't keep the stores property without paying for it.

2007-05-14 13:52:19 · answer #2 · answered by STEVEN F 7 · 0⤊ 0⤋

Sure. But you will most likely be required to return their furniture.

What State you live in?

2007-05-14 12:35:09 · answer #3 · answered by smile4cobra 3 · 0⤊ 0⤋