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Who are BANKRUPTCY PROTECTION FUND LIMITED?

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  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I, too, got my letter 2 days after BR.

    :j :j


  • Oh yes, I got a letter from them as well! Ripped it up and put it in the bin.

    Are they owned by a solicitors? as I got notice from Equifax that someone had searched our credit files the day after our BR and it some solicitors.
  • In_a_Mess wrote: »
    Oh yes, I got a letter from them as well! Ripped it up and put it in the bin.

    Are they owned by a solicitors? as I got notice from Equifax that someone had searched our credit files the day after our BR and it some solicitors.

    I dont know who owns them but the loan company they refer people to have the same registered address in Manchester.
  • I got mine the day after BR, I was sooo pleased to hear I could have my decision overturned and get my debt back...
  • A new one? with extras on top? more fees to pay??? all wrapped up in ribbon??.. ooo i feel left out now
  • Oh, you dont get your old debt back, you get a sparkleing new big one instead:rolleyes::p:rotfl:

    toomanyshoes, they may be connected, i dont know, but its easy to find out;)

    Not that it will help any :(

    How do we find out if they are connected? The address they both use is 20 Brindley Road, Manchester but its an industrial/business park sort of place so feasible they are not actually connected and just 'good neighbours'?

    And yes in my friend's case, that new sparkling debt is over ten times the amount of the original debt she was made bankrupt over.:eek:
  • kerrypn
    kerrypn Posts: 1,233 Forumite
    Both me and DH got one. It gave us a good laugh-what-we just struggled to get the BR fees, stressed for monts before-and you want to "rescue" that for us????:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:

    Still, it was nice to have a laugh CONNECTED to the BR-I thought it was jolly decent of them to give a couple of poor BRs a laugh!!!!:rotfl:
  • confused76
    confused76 Posts: 12,680 Forumite
    Part of the Furniture Combo Breaker
    yeap, i got a letter 2 days after br date...i wonder how many people actually use them!?!
  • confused76 wrote: »
    yeap, i got a letter 2 days after br date...i wonder how many people actually use them!?!

    I reckon quite a few homeowners who think it will save their home - the carrot being BRPF will convert the anullment loan into a mortgage at a manageable rate. That of course is what they promise, in the event they do not convert loan to mortgage, the client then has to pay back a huge lump sum of several thousands plus charges plus interest or face repossession.

    On paper, very tempting for someone who wants to keep their home and didn't want to go BR in the first place, but when BRPF fail to deliver on their promise of a remortgage - absolute disaster.
  • dorothyp
    dorothyp Posts: 69 Forumite
    :mad::mad::mad:

    One more thing before I have my baby...

    These people are doing my head in. We declared ourselves BR on the 4th of jan and since then myself and my husband and I are being bombarded by misleading junk mail from these egits.

    I would imagine to someone with a thinner skin to me their letters could worry them greatly. I have no idea how these people make their money although I'm sure they do futher down the line. Anyway to you newly BR bods who are also getting this rubbish on your doorstep you can remove yourself from the list by mailing info@bpfltd.co.uk quoating your reference. As if we are not getting enough post with all the reminder bills which are still coming everyday.

    WRAAAAA....:mad::mad::mad::mad::mad:...... ah thats better :A
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