has hi help needed! anybody ever used this bancrupty company

kadiekaismummi

Hi my niece is in urgent help! her husband has left her, & she is in debt of £11,000, she has no way of paying this of has she is also disabled, a company has called her called: bancruptcy.co.uk, she has printed & filled in some forms & is about to send them off, they have told her, her debt must be under 15,000, & her debt will be cleared within three months, Ive told her to hold off sending til Ive heard from the kind people on here with more knowledge of this kind of debt, can anyone tell me if this is a trusted company ???, & if anyone on here has used then before, or is there somewhere better to deal with ??? she a bit worried has she has never dealt with this kind of thing before, & doesnt know where to turn & is very depressed with all the bills keep dropping through the door, can anybody please offer me some advice that I can send over to her...... Thanks so much for any help offered x

NeverAgain_2

The problem with companies such as this is their aim is to make a profit from the debtor.

At the very least, they tend to charge hundreds for something the debtor can easily do themselves for free.

Daughter would be well-advised to get an impartial view from one of the debt charities.

The numbers are at the top of post one in this thread:

https://forums.moneysavingexpert.com/discussion/1056083

Tupperware_Queen

She should get FREE advice from one of the charities...I used CAB.

Please don't get suckered in by these companies

nonnatus

Gosh yes! Please follow the advice of the previous two posters - It makes me FURIOUS that companies prey on people at their lowest points (ie facing bankruptcy) to make money of their own.

The Bankruptcy should cost her no more than the fee to the Court to submit the petition (although that is a hefty sum in itself these days!).

All other advice and assistance is available free x

dojoman

Do not let her pay anyone to help her, tell her to do as the others have suggested and seek free and impartial advice.

IF

Hi kadiekaismummi Please please get your niece to call one of the free debt charities as 'all' the other posters have said!!

* Blue text on this forum usually signifies hyperlinks, click on the blue links below *

Main recommended sources of help:

• National Debtline - Website: National Debtline Telephone: 0808 808 4000
• Citizens Advice Bureau - Website: Citizens Advice or visit your local CAB centre (find nearest)
• Consumer Credit Counselling Service - Website: CCCS Telephone: 0800 138 1111
  

Others:

• Business Debtline
  - Website: Business Debtline Telephone: 0800 197 6026
• Christians Against Poverty
• PayPlan
• TaxAid - Help with tax debts.

They will go through all her options with her and if they suggest bankruptcy then come back to this board and we will help your niece all we can.

Best wishes
If...x

StillStanding

What everyone else has said. Avoid fee charging companies like the plague!

debt_doctor

I don't have an issue in paying for something providing the service offered is better than what you can get for free - what can this company do for you that a debt charity in your area cannot?

Also the amount of debt is relatively low - I wonder if she is eligible for a DRO? - see 'sticky' at the top of the board.

DD

yesican

CAB advice is FREE!!!!!!

paulcornwall

Don't pay for it, I used CAB, couldn't wish for a better service. You'll need to save all the money for the BR fee. Good luck with everything, you'll be fine.