Hello All,

It's been quite some time since I posted here even though I do still lurk around and read.

I received a letter yesterday and was wondering if any of you have been sent the same letter re: the EFS bankruptcy. The letter is an offer to purchase my claim of $725 for $123.25. They seem to be a legit company and I could use some Christmas cash...any thoughts?

From their website: http://daca4.com/index.htm

If you have received a letter from Debt Acquisition Company of America (“DACA”) offering to purchase your claim, you are listed as a creditor in a bankruptcy proceeding. The letter you received extends an offer to sell your claim to DACA in exchange for the amount stated. DACA bases its offers on several factors including the amount of the claim, the debtor’s financial condition, our estimated term of the bankruptcy, and our estimated return.

To accept our offer, simply complete the Notice of Transfer of Claim form and return it via mail or fax. Payment for your claim will be made pursuant to the terms of the offer letter you received. DACA will file the necessary documents to effectuate the transfer with the U.S. Bankruptcy Court. You will not be required to take any further action.