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: The Debt Podcast

Practitioner Pointer! Best Buy claiming PMSI in consumer goods.

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Recently I received form letters from a law firm representing HSBC Bank Nevada for Best Buy.  The letters stated: “Please be advised that our client holds a purchase money security interest in consumer goods in regards to the above-referenced claim.”  It then has three options: (1) Debtor will reaffirm; (2) Debtor will make a cash [...]

Full post as published by The Debt Podcast on January 03, 2009 (boomark / email).

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