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Posted: Sun Oct 25, 2009 11:41 am
by kevin.me
Hi all, a number of my debts have been bought by max recovery,who are they? does anyone know how they operate,I wonder will this affect my full and final offer[this would yield only 35p in the pound before costs]?
Posted: Sun Oct 25, 2009 11:56 am
by kallis3
They are a well known firm and buy up a lot of debts.
I am sure they will be quite happy to accept the offer.
Good luck!
Posted: Sun Oct 25, 2009 11:57 am
by TheMatrix
They buy up a lot of debt probably for a lot less than 35p/£ in the hope of making a profit from your IVA.
They bought out 6 of my debts and my iva went through ok in the end.