How To... Get Your Order Deposit Back When the Furniture Store Goes Bankrupt

How To... Get Your Order Deposit Back When the Furniture Store Goes Bankrupt

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Rachael Grad
Sep 23, 2008

The Washington Post offers advice on what to do when you have an outstanding order with a furniture company that goes bankrupt. Sadly, many local businesses have filed for bankruptcy this year and consumers are often the last to get their money back for unfilled orders. The Post recommends paying for furniture with a credit card so that the bank will help you dispute charges for unreceived goods. More tips below the jump...

Keep documents of every step of your furniture transaction, like original contracts and receipts. Send written requests for your deposit refund to the furniture company (or to the entity appointed by the bankruptcy court) by registered mail with return-receipt requested.

Read the full Washington Post article "When Your Couch Is on Order and the Company Goes Bankrupt" by clicking here.

[photo from real crash.]

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