Fun with Bass & Associates
Hello all! I am new here, but have already learned a great deal searching around these forums. It looks like this is a great support network for anyone going through BK.
Anyhow, I filed Ch 7 back in May, and my case (no asset) was discharged and closed in mid August
. Two days ago, I received the letter that many here are already familiar with from Bass and Associates. It says that they are aware that my case has been discharged, my account with Best Buy was secured by the consumer goods purchased, and that if I intend to voluntarily surrender the collateral to give them a name and contact number. I've already learned that they are a third rate CA trying to basically squeeze blood out of a turnip thanks to these forums, but I do have a couple of lingering questions.
1) My balance on this account was mostly the accumulation of a number of smaller purchases over a multi year span, the largest by far being a $600 computer three and a half years ago. Is there a security interest on everything purchased on the account, no matter the retail cost?
2) A large number of the items purchased on the account I no longer have - they were the first casualties of a couple moves I have made over the last couple of years. Should I decide to return the items on the account, what do I do about those that I no longer have?
Thank you all very much for any help you can provide
Anyhow, I filed Ch 7 back in May, and my case (no asset) was discharged and closed in mid August
. Two days ago, I received the letter that many here are already familiar with from Bass and Associates. It says that they are aware that my case has been discharged, my account with Best Buy was secured by the consumer goods purchased, and that if I intend to voluntarily surrender the collateral to give them a name and contact number. I've already learned that they are a third rate CA trying to basically squeeze blood out of a turnip thanks to these forums, but I do have a couple of lingering questions.1) My balance on this account was mostly the accumulation of a number of smaller purchases over a multi year span, the largest by far being a $600 computer three and a half years ago. Is there a security interest on everything purchased on the account, no matter the retail cost?
2) A large number of the items purchased on the account I no longer have - they were the first casualties of a couple moves I have made over the last couple of years. Should I decide to return the items on the account, what do I do about those that I no longer have?
Thank you all very much for any help you can provide
Comment