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will I have to turn over?

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    will I have to turn over?

    I had a loan with a company for a couple of years but a year ago I have been unable to pay I filed ch. 7 in august of this year and they sent a paper saying I secured the loan with some househols items tv's and stereo will I have to turn them over as property to them are am I able to keep the items b/c some are listed as my assets but they don't go over my limit of 500.00 of keepable items,and 2 of the tv's I dont own anymore.

    #2
    Originally posted by knedadvice
    I had a loan with a company for a couple of years but a year ago I have been unable to pay I filed ch. 7 in august of this year and they sent a paper saying I secured the loan with some househols items tv's and stereo will I have to turn them over as property to them are am I able to keep the items b/c some are listed as my assets but they don't go over my limit of 500.00 of keepable items,and 2 of the tv's I dont own anymore.
    Are you saying that you purchased these items on a secured credit card? Like the ones from Circuit City, Best Buy et cetera? If this is what you're saying and you listed them on your BK7 petition, they should've had made an attempt to collect the "goods" at your 341 meeting or within 6 months thereafter.

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    The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

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