We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Bankruptcy Protection Fund - AVOID!

135678

Comments

  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    Hi AB, this does happening unfortunately, and eerie's is not the word I'd use!!

    Click on links below about them!!!

    http://forums.moneysavingexpert.com/showthread.html?t=1925321&highlight=bankrupcy+protection+fund

    http://forums.moneysavingexpert.com/showthread.html?t=2372979


    If...x
    "If wishes were horses, then beggars would ride"
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    edited 14 April 2010 at 1:44PM
    Hi. There is already a thread on these people, so I'll merge this into it. :)

    See the OP's post.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • mummytotwo_3
    mummytotwo_3 Posts: 341 Forumite
    We had a letter from them about 2-3 days after we went br, arrived whilst i was in work. Hubby simply ripped it up and put in the bin and said to me when i got home "why do they think we want the debt back? we couldnt get credit anyway!"
    BSC # 308
    I should really rename myself mummytothree!!! Child no3 born 14/09/10
    ED 12/01/11
  • sfjnet
    sfjnet Posts: 99 Forumite
    edited 19 April 2010 at 3:52PM
    Declared BR on Wednesday, and by Friday morning a letter plopped on my doormat from the "Bankruptcy Protection Fund Ltd" - so sorry to hear of my bankruptcy and anxious to help me fully repay my creditors and have the bankruptcy cancelled (their bold and underline from the letter). What a saintly group -offering to help me have my bankruptcy annulled on a "no win no fee" basis. From their literature it seems they can miraculously make everything right again.

    [TEXT DELETED BY ABUSE TEAM].
    "I got food in my belly
    And a license for my telly
    And nothin's gonna bring me down"
    Paulo Nutini :o
  • katalyst2k
    katalyst2k Posts: 36 Forumite
    edited 19 April 2010 at 3:52PM
    I 100% Agree with you sfjnet

    I never had the pleasure of receiving one of their letters. [TEXT DELETED].
    Val :)
  • leahceri
    leahceri Posts: 34 Forumite
    Hi
    I also received a letter from them which I ignored. Two days later the post man left a card saying that I had to pick up a letter from the post office because it had no stamp. It cost me one pound thirty two and the letter was from them. I am disgusted.
  • So_Sad_Angel
    So_Sad_Angel Posts: 7,363 Forumite
    Yes ....you all guessed right.....just 2 days after my court date THE letter falls on my doormat today:rotfl::rotfl:

    ....don`t you just love the `Bankruptcy Protection Fund`....(not)

    ....I`ll say something though they are very efficient in getting the letters out. I hav`nt even checked the register yet....they have saved me the job;):rotfl:

    Needless to say their services will not be required.
  • Angiepange
    Angiepange Posts: 3,521 Forumite
    Part of the Furniture Combo Breaker
    Yep 2 days later for us too!!

    Is your shredder warmed up :D
  • So_Sad_Angel
    So_Sad_Angel Posts: 7,363 Forumite
    Angiepange wrote: »
    Yep 2 days later for us too!!

    Is your shredder warmed up :D

    LOL Finger on the button right now..

    Actually I should be grateful....its the first letter I`ve opened in the last 2 years without that awful sinking feeling that it will be covered in red `demand` writing.

    I may frame it:rotfl::rotfl: ( that was a joke Btw)...shredding is more fun:D
  • IF
    IF Posts: 34,349 Forumite
    10,000 Posts Combo Breaker
    You can use mine Angie.......:rotfl:

    papershredder.png
    "If wishes were horses, then beggars would ride"
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture