I ordered a sofa from MFI, delivery date 28 NOvember?
What will happen regarding my sofa from MFI now its in receivership, I have paid £500 about 8weeks ago, I rang today but am having difficulty getting through. I live in High Wycombe, Bucks.
- AndrewLv 51 decade agoFavorite Answer
If they have filed for bankruptcy, you have to get in line like any other creditor.
The receiver is now liquidating it's assets, and will divide whatever they manage to salvage among all the creditors. This is likely to be just pennies on the dollar, if anything.
PS... Are you sure they are in receivership? They seem a profitable company. By MFI do you mean MicroFinancial Inc. (MFI)?