We took a loan through Select Comfort on a California King size mattress. It is stained and in imperfect condition. We owe a good deal of money to the third party loan provider (GE I believe) will they take the mattress?
They won't take the mattress back. They can't do anything with it. List them as one of the creditors on the bankruptsy. They will have to stand in line to get their little bit of you assets assigned to pay creditors. Perhaps nothing... List all the little loans like this along with the big ones in you bankruptsy papers. They (the creditors) cannot take your, one house, one car, one TV one set, etc. They will only go after a big recent purchases like a $4000 HD TV just bought.