answersLogoWhite

0


Best Answer

The loans are an asset of the Co and will be sold to raise money, or given to, the creditors. The court and creditors will be active to make sure they are good and valuable. The companies BK makes no difference to you or your debt and obligation to pay it.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens with outstanding loans from Welcome Finance that people are repaying to them if welcome finance have gone bankrupt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When did welcome finance go bankrupt?

Welcome Finance went bankrupt sometime in 2009. It was in receivership for several years after that still collecting on its debts.


Has welcome finance gone bankrupt?

Yes, Welcome Finance has gone bankrupt. The company has been taken over by the FSCS while it is insolvent in order to handle claims.


What are the benefits to a welcome finance?

There are a lot of benefits to a welcome finance.First,you have that you can get personal and direct loans deposited straight to you,then you have your career and employment benefits when you have welcome finance.


Is welcome finance in receivership?

Yes


Where is Welcome Financing located?

Welcome Finance and auto loans is a finance company located throughout the United Kingdom. Their head office is located in the midlands, in Nottingham, England.


What exactly is a welcome finance?

Welcome finance is a loan company in which they have a limited amount of loans. They are fair and helpful so if you have the chance of joining I recomend you do before they no longer have space.


What are the services that Welcome Finance offers?

Unfortunately, Welcome Finance is in default. This means they are no longer accepting any new customers or granting any new loans. Previously, Welcome Finance offered Personal and Secured Loans. Current customers are still able to make payments on their already existing loans.


Is North Carolina the only state in which welcome finance is located?

It is true that Welcome finances is only in North Carolina and depending on the one company you want you will have to go to a different area of North Carolina. Both the Welcome Financ inc in Roanoke Rapids, NC and Salisbury, NC are loan companies but the Welcome finance Co in Spindale, NC is a tax preperation company.


Is welcome finance a public limited company?

Welcome Finance, a company based in the United Kingdom, is a leader is what is known as non-traditional loans. They are a publicly traded company with limited liablity to the shareholders. The British term for this is a public limited company.


One outstanding feature common to all of the eventually rebellious colonies was their?

Rapidly growing populations you are welcome


Where can you find welcome financing?

You can find welcome financing on a website called loans-in-one-hour. You can receive up to $500 in as little as one hour. All you need to do is input your info and you can be able to get a welcome finance.


What services does the Welcome Finance Company provide to the residents of North Carolina?

Welcome Finance Company provides traveler's insurance, home insurance, equity services and investment loans to the residents of North Carolina. They also provide financial reports and service small companies.