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coxy
New Member
United Kingdom
63 Posts |
 Posted - 06 February 2009 : 11:44:02
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HI EVERYONE
WE went br on tuesday and this morning we have received a letter from the bankruptcy protection fund ltd.
IT says the fund was set up to stop the increasing number of house repossesions.
our service will ensure that your creditors are repaid and the
bankruptcy cancelled. Does anyone know anything about these or is it just another iva firm using a different tatic.
Its too late for us as we have already given up our house but if it is genuine it could help several people on here.
As the saying goes if it sounds too good to be true it usually is just wondered if anybody knows anything as they must have got our names and address from the insolvency service. |
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Jane.l
Average Member
511 Posts |
Posted - 06 February 2009 : 11:50:41
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They are not genuine, they are more like vultures
We had this letter too, it seems to get sent out to bankrupts who own property. They want to lend you a HUGE amount of money to reverse the bankruptcy, paying all the debts off and remortgage your house with them! So you would be talking tens of thousands of pounds back in debt right where you started
Bin the letter |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 06 February 2009 : 11:55:36
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I would treat it with the contempt it deserves and bin it!
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
20 IPA payments made, 16 to go - on the home straight! |
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coxy
New Member
United Kingdom
63 Posts |
Posted - 06 February 2009 : 12:01:39
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THANKS JANE& SKIPPY
Thought it was too good to be true its on the way to the shredder.
Is it not time government did something about these companies preying on people when there at there most vulnerable. |
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Melanie.n
forum expert
United Kingdom
1282 Posts |
Posted - 06 February 2009 : 12:23:11
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Couldn't agree more Skippy -Bin it! i just abore firms like this they are no more than vultures homing in on people in trouble. I really wish the register/gazette did not make full info available of peoples addresses etc which would certainly reduce the ability to contact people - you seem to have no privacy these days
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
01446 711780
melanienicholas@jonesgiles.co.uk |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 06 February 2009 : 13:43:55
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I had one when I went BR and I don't even own my own home! Needless to say it went in the bin!
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
20 IPA payments made, 16 to go - on the home straight! |
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Almost there
Junior Member
United Kingdom
288 Posts |
Posted - 06 February 2009 : 14:12:47
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| I posted on here yesterday with exactly the same problem. I went BR on the 29th Jan and I have so far received 2 letters from these vultures, one was from the Bankruptcy Protection Fund, they make it sound too good to be true, and to be honest that's what it is, they are mindless people who prey on the vulnerable and are out to make a quick buck or 2. Mine went exactly where it belongs, the bin!! Sandie |
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BANKRUPTCY PROTECTION FUND
