Dell - chapter 7
Date: Sat, 01/15/2011 - 10:24
Dell Financial IS a secured creditor. You have 3 choices: 1.
Dell Financial IS a secured creditor. You have 3 choices:
1. Surrender and pay nothing;
2. Redeem the merchandise for its "fair market value" - usually a negotiated amount that is less than the balance owed but paid in one lump sum or;
3. Reaffirm the entire obligation and continue to make the small monthly payment.
There is a 4th "unofficial" choice: State that you are going to surrender but do nothing further to communicate with Dell. There is a very good chance that Dell will never contact you or, contact you once and never again.
Des.
Other unofficial remedy is to say it broke and you no longer hav
Other unofficial remedy is to say it broke and you no longer have it.