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 hi,i purchased a bed on a buy now pay later
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julie.jo
Starting Member



1 Posts

Posted - 05 October 2009 :  20:22:37  Show Profile  Visit julie.jo's Homepage  Reply with Quote
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.

Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 06 October 2009 :  08:32:23  Show Profile  Reply with Quote
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

Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com

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