Ted Failon Checks Status of Pending Cases Against Bankrupt Pre-Need Companies

Broadcast journalist Ted Failon follows up on the pending cases filed against bankrupted pre-need companies that destroyed the dreams of many Filipino families this Saturday (Apr 13) in the award-winning investigative program “Failon Ngayon.”

In 2005, more than 14 pre-need companies shut down including College Assurance Plan Philippines, Inc., Platinum Plans Philippines, Inc., and Pet Plans. This affected thousands of families who invested big amounts of money to secure their kids’ college education.

What happened to the pending cases filed against bankrupt pre-need companies? Can the families still retrieve the money they invested on educational plans?

Don’t miss this full report in “Failon Ngayon” this Saturday (April 13), 4:45 PM, after SOCO on ABS-CBN with a replay on ANC every Sunday, 2PM. Visit its Facebook page at and follow it on Twitter via @Failon_Ngayon. Tweet your thoughts and reaction this weekend using the hashtag #FNeducplans

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