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ever heard of 722redemption

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    ever heard of 722redemption

    My atty sent me this today...anyone one every heard of it??



    email to atty below

    We are a finance company that provides
    redemption or replacement loans to qualified consumers either currently in a
    Chapter 7 bankruptcy or have been discharged within the past two years.

    Should you have any questions, please feel free to contact our office.

    Sincerely,

    Faith M

    #2
    This is US Bank, and it is legit. The interest rates are going to be a little high, but I have always had good service from US Bank.
    All information contained in this post is for informational and amusement purposes only.
    Bankruptcy is a process, not an event.......

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      #3
      So this 722 thing is only for existing loans...not for people in or post Ch 7 who need a car loan?
      Filed Ch 7 Pro Se 11-18-2010 341 Meeting 12-16-2010 Discharged 2-15-2011
      New Job 7-2011

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        #4
        Basically, the 722 thing is to resolve issues in bk. IMO, it would be a valuable tool for the trustee. Go to the site and click on trustee and you'll see how it could help resolve $$$ issues for them.
        All information contained in this post is for informational and amusement purposes only.
        Bankruptcy is a process, not an event.......

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