Farepak Hampers gone BUST!!

stenny_2

dawnydee73 wrote:

I got my vouchers from them last Saturday. But not sure if I'll use them again, this is all a bit worrying, didn't this happen to choice vouchers last year

Yes it did, march i think, and i'm sure it was Farepak that took choice over.

earthmother

The group Farepak belongs/belonged to administered Choice until they folded earlier in the year.

Park is another group, and different vouchers - I got my vouchers from them last week too.

dawnydee73

But could the same happen to Park?

Frell

earthmother wrote:

Park is another group, and different vouchers - I got my vouchers from them last week too.

I thought they was thanks for clearing that up I requested a catalog from them yesterday for next year. Already looked at some of 2007 online but it isnt the same. I have heard good things about Park so heres fingers crossed.

fitzpaam

How likely is it that Farepak customers will get any money back?

Frell

fitzpaam wrote:

How likely is it that Farepak customers will get any money back?

Not very likely as they dont have the money to pay it back.

fitzpaam

The phone message says that the administrator will be in touch with Farepak agents in due course and the agents can make a claim..........doesn't guarantee anything of course. I also see that the parent company had been sold off to Findel which may release some money to Farepak administrators (a slim chance perhaps).

It's disgusting that this can happen within such a huge group of profitable companies (Kleeneze are in the same group as Farepak), and just in time for Christmas.

MEMBER02

Frell wrote:

Not very likely as they dont have the money to pay it back.

So where as all the cash gone that was paid weekly by the customers,you dont get your goods until paid for so where has all this cash gone to:mad:

Frell

MEMBER02 wrote:

So where as all the cash gone that was paid weekly by the customers,you dont get your goods until paid for so where has all this cash gone to:mad:

Well its one of them subjects that only the Adminstrators can answer, But Farepak was an operating name the company as you know owned a few other things like kitbag etc. So if any of them was on the rocks then it will have a knock on effect.

Bossyboots

fitzpaam wrote:

The phone message says that the administrator will be in touch with Farepak agents in due course and the agents can make a claim..........doesn't guarantee anything of course. I also see that the parent company had been sold off to Findel which may release some money to Farepak administrators (a slim chance perhaps).

It's disgusting that this can happen within such a huge group of profitable companies (Kleeneze are in the same group as Farepak), and just in time for Christmas.

Findel has not taken on Farepak so I can't see that they are going to release any money to the administrators.