written off loans

edwin36

I have been contacted by a company called Kerobo, saying they can write off my loans, by getting them written off by taking them to court. Its a £495 fee, that is fully refundable within 30 days if they cannot get it refunded and 10% once the debt has been written of by the solicitors. Can anyone give me any advise on this?

immoral_angeluk

Don't. Just don't.
You'll pay the fee, and the debt won't be written off. Oh and the fee is nonrefundable.

immoral_angeluk

As a lady from trading standards once told me, "if a company was legitimate and good at what they do, why would they need to cold call you to get business?"

edwin36

i found them on the internet and gave them a call

VIGILANT22

edwin36 wrote: »

i found them on the internet and gave them a call

But you said you'd been contacted!!

read this, http://news.bbc.co.uk/1/hi/business/8539936.stm then make up yr mind about claims management companies..

immoral_angeluk

edwin36 wrote: »

i found them on the internet and gave them a call

............?

edwin36 wrote: »

I have been contacted by a company called .....

Enfieldian

Spam?

Or a "here we go again" moment?

I had a loan "written off". It was easy.

I borrowed some money.

Paid it back every month, as agreed.

At the end of the agreed period the loan was paid in full.

brampton_2

edwin36 wrote: »

I have been contacted by a company called Kerobo, saying they can write off my loans, by getting them written off by taking them to court. Its a £495 fee, that is fully refundable within 30 days if they cannot get it refunded and 10% once the debt has been written of by the solicitors. Can anyone give me any advise on this?

I too have been contacted by Kerobo and just posted a request for some info. They sound very convincing and I am tempted. would like to know more

brampton_2

I followed up their advert on the internet. But it does sound too good to be true

immoral_angeluk

They're paid to sound convinving brampton.

OFT guidance on the type of thing these 'claims management companies' do.
http://www.oft.gov.uk/advice_and_resources/resource_base/consultations/current/guidance-s77-78-79/

immoral_angeluk

and a warning from the ministry of justice...
http://www.takelegaladvice.com/news-and-information/legal-articles/Bankruptcy-and-Debt/Ministry-of-Justice-issues-warning-on-claims-management-companies/