Is best buy credit card a secured creditor on a chapter 7

Attorney answers (4)

1. Licensed in AZ

   

   Diane L DrainPro

   Phoenix Bankruptcy Attorney

   Contributor Level 14

   

   EmailVisit website

   3

   Lawyers agree

   Answered May 19, 2012 12:52. I agree with Walter that we ignore Bass and Associates, yes even in Arizona, (collection firm for Best Buy), unless they can provide us proof that your computer and TV were secured. But, since you purchased the items within the 6 months before filing you may be best to either pay the monthly payment or redeem - pay the fair market value.
   
   Attached are some free videos that explain that basics of bankruptcy. Most consumer debtor attorneys in Arizona offer a free consultation. You might want to take advantage of that service.
   
   My best to you.

   This firm is in the business of helping people and companies file for bankruptcy protection. Therefore, the... moreThis firm is in the business of helping people and companies file for bankruptcy protection. Therefore, the bankruptcy code requires that we call our firm a "debt relief agency." This information is provided for general information purposes only and is not intended to be a legal opinion, legal advice or a complete discussion of the related issues. Nor is this advice intended to create a client - attorney relationship. Every individual's factual situation is different and you should seek independent legal advice from an attorney familiar with the laws of your state or locality regarding specific information. less

   • bankruptcy basics

   • Mark as helpful
   • Flag
2. Licensed in AZ

   

   James WebsterPro

   Phoenix Bankruptcy Attorney

   Contributor Level 14

   

   EmailVisit website

   2

   Lawyers agree

   1

   Helpful vote

   Answered May 19, 2012 08:28. Yes. The paperwork gives them a security interest in the property.
   
   We have a certain way we deal with them and it works fairly well.
   
   Good luck.
   
   Jim Webster
   www.jpwlegal.com
   
   1845 S. Dobson Rd. Ste 201
   Mesa, AZ 85202
   
   (480) 464-4667
   Jim@jpwlegal.com
   
   We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

   Please contact me directly with document for a free 30 minute consultation to get more concrete advice. This is... morePlease contact me directly with document for a free 30 minute consultation to get more concrete advice. This is not legal advice. I don't have enough information to give actual legal advice. I can only take the limited information presented and provide a framework to know how your situation may turn out. I may have questions that bring up issues you did not think were important but make a big difference. less

   • Mark as helpful
   • 6 comments
   • Flag
3. Licensed in AZ

   

   Thomas Cesta

   Mesa Bankruptcy Attorney

   Contributor Level 13

   Answered May 24, 2012 08:46. Because you sold the property 6 months ago you can ignore Bass, or call and inform them that you no longer have the property.

   Tom Cesta is an Attorney with Fife & Cesta, a compasionate bankruptcy firm conveniently located off the US 60 in... moreTom Cesta is an Attorney with Fife & Cesta, a compasionate bankruptcy firm conveniently located off the US 60 in Mesa, Arizona. The answers given here are based on the information in the question, but for a complete answer you should have a consultation with an attorney you trust. Call now for a free bankruptcy consultation. We carefully evaluate your situation and give you real advice. less

   • Mark as helpful
   • Flag
4. 

   Walter C Oney Jr

   Fitchburg Bankruptcy Attorney

   Contributor Level 17

   1

   Lawyer agrees

   Answered May 19, 2012 09:26. One issue at a time, please. Most of us ignore demands from Bass & Associates, which often sends letters during chapter 7 cases asserting that Best Buy has a security interest in something or another. You are in Arizona, however, which is where Bass is located, so your lawyer may advise differently.

   • Mark as helpful
   • 1 comment
   • Flag