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BNP to enter bankruptcy.


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We aren't bankrupt!

 

No, but sending out messages to your creditors like this doesn't really inspire confidence in your financial future, does it?

 

Dear Sir/Madam

 

OFFER OF DEBT COMPROMISE

Strictly private and confidential,

Not for publication.

Copyright and property title remains with sender

Without prejudice

Subject to contract

 

I write regarding the matter of payments due on outstanding invoices rendered by you in respect of goods and services utilised in connection with the British National Party.

 

As you know, today we all find ourselves in an increasingly difficult commercial climate. It is no secret that cash is not only in very short supply for all political parties including the British National Party but in short supply in the wider economy. The British National Party has had to close offices and lay off staff; this is not an easy time for the Party.

 

The biting economic downturn has made a shipwreck of the financial projections of many businesses, including, it is a regret to say, those of the British National Party. Combined with a massive and still ongoing wave of hugely expensive politically motivated High Court actions by the Commission for Equalities and Human Rights, this makes it simply impossible for the BNP or operations and persons associated with it to pay its outstanding bills in anything like a normal timescale - if indeed at all.

 

Additionally, the lawyers who have reviewed the underlying contracts to most of the outstanding invoices have advised that most are not enforceable. These two factors combined means that many creditors who have supplied good [sic] and services and which were used in connection with the activities of the British National Party may never be paid.

 

The situation is very grave, and it is a matter of deep regret to us, but I would rather be very open and honest with you than leave you under the illusion either that money will be forthcoming or that legal action will achieve anything other for you than to throw good money after bad in the shape of futile lawyers' costs.

 

As you are a highly valued supplier and a creditor with a previous track record of commitment to the British National Party, there is a desire to ensure that you are not one of the unfortunate creditors who are inevitably going to end up with nothing at all.

 

With this in mind I am authorised to do as much as is humanly possible to resolve the matter of your outstanding invoices.

 

I am in a position, for a very limited period of time, to offer you, by way of debt compromise and in full and final payment of all your outstanding invoices relating to the supply of goods and services in connection with the British National Party the sum of 20p in every pound (20%) due. The offer remains open until 14th October 2010 and is subject to a short written compromise agreement being entered into by you to formally agree and record the settlement.

 

I know that this is not what you want to hear, and I am very sorry indeed but this genuinely is the best that can be offered you. In the case of one of three creditors who have already concluded such a deal, the receipt of this one-off immediate payment enabled him to make a similar arrangement with a creditor in turn and actually made the difference between his business surviving and going to the wall.

 

As a 'preferred' supplier I have written to you first in order that you have first claim on this very limited offer. The funds available are limited and will be allocated among creditors on a first come first agreed basis.

 

Please feel free to call me on 020 7078 8838 or 079 3466 6831 to discuss this at your convenience. Please be reminded that this offer is for a limited time only. Thereafter there is no prospect of your invoices being paid at any time in the forseeable future.

 

Yours for and on behalf

 

[PP'd signature]

 

James Dowson B.T.h. M.A

 

http://lancasteruaf.blogspot.com/2010/10/bnp-leaves-creditors-in-lurch.html

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If the BNP are still here this time next month shall we all point and laugh at spindrift?

 

In other words, if the BNP does go up the spout, we can point and laugh at you?

 

 

 

What's happened to make the last week such a cheery one for good news?

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