(FOLHAPRESS) - The Casas Bahia Group's request for judicial recovery does not, in itself, change the obligations of consumers who have already purchased products from the retailer. Anyone who received the merchandise and is still paying for it should continue paying the installments normally, according to Gabriel de Britto Silva, a lawyer specializing in consumer law and legal director at Ibraci (Brazilian Institute of Citizenship).
Did you buy or have a booklet at Casas Bahia? Ask questions and see consumer rights
(FOLHAPRESS) - The Casas Bahia Group's request for judicial recovery does not, in itself, change the obligations of consumers who have already purchased products from the retailer. Anyone who received the merchandise and is still paying...
The group requested judicial recovery from the São Paulo Court on Sunday (16), amid a debt of R$17.3 billion. The request involves ten companies, including those responsible for the Casas Bahia and Ponto Frio brands and Extra.com e-commerce.
- The request still needs to be analyzed by the Court before it comes into force.
- Judicial recovery is a mechanism used by companies in financial difficulties to try to reorganize their debts and maintain activities.
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The group requested judicial recovery from the São Paulo Court on Sunday (16), amid a debt of R$17.3 billion. The request involves ten companies, including those responsible for the Casas Bahia and Ponto Frio brands and Extra.com e-commerce. The request still needs to be analyzed by the Court before it comes into force.
Judicial recovery is a mechanism used by companies in financial difficulties to try to reorganize their debts and maintain activities. Therefore, it does not mean that the company's stores or services will be interrupted or necessarily affected.
I have a Casas Bahia booklet. Can I stop paying?
No. For those who have already received the product and continue paying for it, judicial recovery does not, according to Britto, change the obligation to pay the installments.
"With recovery, whether judicial or extrajudicial, in practice, as for the consumer who has already purchased the product, who has already received it and who is paying for it, nothing changes. Consumers must continue to honor payments in the same way", he states.
I bought it, but I haven't received it yet. What do I do?
In this case, there may be a greater risk of delays or supply problems, says the lawyer, given the company's financial situation.
If the merchandise is not delivered within the expected deadline, the consumer can request the cancellation of the purchase and the refund of the amounts already paid, says Britto.
The recommendation is to keep purchase documents, such as invoice, proof of payment and information about delivery time.
What happens to Casas Bahia now?
The Casas Bahia Group filed a request for judicial recovery at the 2nd Bankruptcy and Judicial Recovery Court of São Paulo and declared a debt of R$17.3 billion.
The request involves ten holding companies. Of the total debts, R$16.4 billion are with unsecured creditors, R$754 million with labor creditors and R$154 million with micro and small companies.
The company states that it is facing difficulties related, among other factors, to increased interest rates, credit restrictions, increased financial costs and pressure on consumption.
The group also reported a loss of R$10.1 billion in the second quarter of 2026, compared to a loss of R$555 million in the same period of the previous year. As a result, net equity was negative at R$8.1 billion.
The company had undergone an extrajudicial recovery in 2024, which restructured R$4.8 billion in financial debts.
In the current request, Casas Bahia asked the Court for measures to preserve the functioning of the operation, including the suspension of executions for 180 days and the maintenance of the flow of receivables.
The group also called for the mandatory delivery of already purchased goods that are in transit with suppliers, precisely to avoid interruption of supply.
With debt of R$ 17.3 billion, Grupo Casas Bahia requests judicial recovery
The Casas Bahia Group filed for judicial recovery in São Paulo and declared debts of R$17.3 billion. The retailer also reported layoffs, store closures and a quarterly loss of R$10.1 billion