hi,i purchased a bed from dreams on a buy now pay later.its a credit agreement through barclays.i dont have to pay til middle of next year but the way things are now looking i may have to go bankrupt in the new year.the bed cost 3,800 including the mattress as it has a built in tv.will they take the bed from me?i am hoping my health will get sorted and i can get back to work but if not then what will happen to the bed ?thankyou.
Hi the bed probably has very little value second hand so i suspect that the bed will be safe.
The OR will however look at your financial position at the point you signed for the bed and make a determonation about your solvency at the point of the purchase.
because of the value of the bed there is a posibility of a bro depending upon other conditions