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after effects of Katrina question

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seeker

Junior Member
What is the name of your state? Georgia

This may not be the correct thread but I'm uncertain where to post this question. I've not be able to get any answers or suggestions for my problem so I'm turning to the members of this forum for advice.

A few months before Katrina I pawned a diamond ring. (my gambling addiction isn't the issue here so please don't chide me about it)

Well, I wasn't able to get my ring out right away so I made the 'interest' payments via mail. The pawn shop that has (had) my ring no longer exists. I've tried to call but the number is no longer valid and any mail I've sent is returned as undeliverable.

I'm sure my ring is probably gracing some sand crab right now, but my question is this: are they responsible for reimbursing me for the value (less the "loan" amount) of my ring? I pawned it for $500 which is probably about 25% of it's value.

Actually, I'd rather have my ring back, but that's never going to happen. I'm no longer living in the area so I'm trying to handle this via phone calls and letters. So far all I've heard is, "sorry, can't help you" and then they refer me to some other office that tells me the same thing.

What recourse do I have? I'm sure they were covered by insurance. Do they have the right to keep the full value of my property? Am I not entitled to the value of my ring after they recoup the amount that they loaned me?

Y'all have had answers for other weird situations and I'm hoping that you'll be able to help me with this boondoggle.

Thanks, Seeker
 


BlondiePB

Senior Member
Trying to collect on a business that no longer exists with an owner gone is not probable. Good luck trying.
 

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