Why would Cabair or any other school buy out SFT. Most of SFT's equipment including nice sim will be auctioned of to pay other creditors and you can guarentee other flight schools will be hovering like vultures for some cheap pickings. I have heard rumour in the halls of Cabair HQ of a SFT recovery course being offered as a once off, where you can complete your training at a price, but cheaper than restarting.
I'm sure most schools would be happy to relieve you of your money to assist you in continuing your training. Pay by credit card.