Sears warranties still valid
Now that Sears has officially entered bankruptcy court, consumers that purchased the company's Kenmore brand of appliances in recent years are left wondering if their warranties will be lost, according to CNBC. Fortunately, in an official statement, representatives have said that all guarantees, warranties, and protection agreements will be honored as usual and their PartsDirect site is still open for business. In fact, when major companies go out of business, consumer warranties aren't usually impacted because most states mandate they be backed by outside insurance companies so that some amount of coverage can be guaranteed.
