Safe Hands Funeral Refunds After Bankrupt

[picker]

Does any one know haw much Safe hands are refunding after failure.

[Buenchico]

Quote (dated October 2022):
"If you're one of the 46,000 Safe Hands customers left in the lurch after the funeral provider went bust in March - and you can't get a refund from your card firm - you'll need to contact Safe Hands' administrator to get your money. But you'll only receive up to 20% of what you're owed"

Source:
https://www.moneysavingexpert.com/news/2022/10/safe-hands-customer--your-refund-and-funeral-plan-rights-as-plan/

[Old_Geezer]

So much for being "safe hands" :-(

[Peter Pedant]

and Chris' advice I think is right AND contains the pay out(20%) but since this is know-all, sozza Answerbank

SafeHands COULD have set up an account to protect their customers loo-la ( but obv didnt)

code word is Quistclose, and dissatisfied creditors bust a gut to show that the bankrupts account somewhere is a Quistclose account - because then the money is partitioned ( = theirs, the trade creditors
read on
http://www.alastairhudson.com/trustslaw/Quistclose.pdf