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Customers need to understand Loves Furniture’s bankruptcy application information



Warren, me. – After filing for bankruptcy, Loves Furniture customers who took over many of Art Van Furniture’s locations were worried.

This furniture retailer seems to be a hero in 2020. Art Van moved in when it encountered financial problems, but now it has its own financial problems and closed many of its branches in Michigan that opened a few months ago.

it depends on. If you are a customer who has paid but has not yet received the furniture, you should call your bank or credit card company immediately.

The Better Business Bureau said this situation is a problem for those who have received the furniture but have a warranty. If the group includes you, don̵

7;t expect the warranty to be significant.

Loves Furniture blamed the COVID pandemic and the slowdown in overseas shipments. Although this may be correct, new discoveries of major financial issues will not help many people.

read: Loves Furniture customers report that delivery time is too long

In the bankruptcy filing, Loves revealed that its creditors are between 100 and 200 and still owe 10 to 50 million US dollars.

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