SEARS CREDIT ACCOUNT MASTER TRUST II
8-K/A, 1997-07-14
ASSET-BACKED SECURITIES
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                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549


                                   FORM 8-K/A


                                CURRENT REPORT



                         Pursuant to Section 13 of the

                        Securities Exchange Act of 1934



Date of Report (Date of earliest event reported):  June 30, 1997


                   Sears Credit Account Master Trust II
              (Exact name of registrant as specified in charter)


Illinois                     33-79186-01            Not Applicable
(State of                    (Commission            (IRS Employer
Organization)                File Number)         Identification No.)

c/o Sears Receivables Financing Group, Inc.
3711 Kennett Pike
Greenville, Delaware                                      19807   
(Address of principal executive offices)               (Zip Code)



Registrant's Telephone Number, including area code: (302) 888-3176



Former name, former address and former fiscal year, if changed
since last report:  Not Applicable
<PAGE>
Item 5.     Other Events


      Effective as of June 30, 1997, Sears Receivables Financing Group,
Inc. ("SRFG") caused $113 million in Principal Receivables to be removed
from Sears Credit Account Master Trust II (the "Trust") pursuant to
Section 2.09 of the Pooling and Servicing Agreement dated as of July 31,
1994, as amended, among SRFG as Seller, Sears, Roebuck and Co. as
Servicer and The First National Bank of Chicago as Trustee (the "Pooling
and Servicing Agreement"), reducing the Seller Interest by a
corresponding amount.  The Receivables so removed included all
identified Receivables in the Trust that related to Accounts with
bankruptcy reaffirmation agreements.  If any additional Accounts with
bankruptcy reaffirmation agreements are identified, SRFG expects that it
will cause additional Receivables relating to those Accounts to be
removed from the Trust; however, SRFG does not expect such Receivables
or any such removals to have a material impact on either the Trust or
the interests of Investor Certificateholders.  (Capitalized terms used
herein without definition have the meanings given to them in the Pooling
and Servicing Agreement.)

<PAGE>
                                  SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this amended report to be signed on
its behalf by the undersigned thereunto duly authorized.


                              Sears Credit Account Master Trust II
                                          (Registrant)


                        By:   Sears Receivables Financing Group, Inc.
                                    (Originator of the Trust)



                        By:   /s/ Larry R. Raymond
                              Larry R. Raymond
                              Vice President, Finance


Date: July 11, 1997


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