Will warranties and protection agreements me null and void under bankruptcy?
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Judge will set aside asset ]s to pay another co to do the work. May be disconnects of service before straightened out
In Canada some manufacturers of Kenmore products are honoring the base warranty out of goodwill but since so much of the product has gone to the cheapest bidder, consumers are probably SOL.
Extended warranties won't be worth the paper they are printed on.
Stanley is already honoring Craftsman warranties so consumers don't have to be bothered going to Sears.
Name brand products, the warranty is through the manufacturer in most cases, though some "name brands" are really licensing agreements where the seller is responsible for warranty.
Basically, if you bought something at Sears/KMart and it breaks, its probably trash, and you probably should start planning to replace it on your own dime when that time comes.
If it's electronics, MOST cable companies, Verizon/Xfinity etc.....offer protection for ALL electronic equipment in the household, repair, and replacement and that can be extended beyond electronics to appliances. Also, most electric companies have complete home services divisions for appliances and major home systems that need repair or replacement. If Sears stops offering warranty in bankruptcy it may help to gather information about these programs to make the customer aware that they exist. Also they can purchase extended protection from the manufacturer or Square Trade.
Any warranty from Sears and extended warranties will be worthless. The only reason GM and Chrysler honored theirs was for goodwill, not because they legally had too. It's very likely Sears Holding will file chapter 7 where they liquidate everything, not Chapter 13 where they reorganize.
I don't really have an answer for that, but I would buy any electronic items (including appliances) treating them as if it were an "as is" sale and that there will not be any warranties or protection agreements honored.
It's better to go into the store with that mindset. That way you're not disappointed if you do find that the warranty or protection agreements aren't honored.