question category: Debt Collectors

Red debt collection
Submitted on: 1st Feb 2010 by Non-Member | Total Answers: 0

My friend has received a letter entitled pre bankruptcy petition. There is no date within which he has to act, no court stamp and no mention of putting aside so I am assuming it is not a statutory demand. It merely states their intention to pass to their bankruptcy division to consider whether to appy to court for bankruptcy. It arrived by post.

He owes an amount of £1500. Is it likely they would make someone bankrupt for such small a amount in view of the fees involved? The company in question is Red debt collection services.

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