Further update, husband phoned Moneyway, they claim they terminated the contract at the end of December, my husband pointed out that since living at this address (July last year) we haven't recieved a single letter from Moneyway, she again stated they terminated the contract and sent the letter to this address. My husband asked for written confirmation of the termination and default notice, she's saying they won't provide it. a guy turned up this morning to take the car. He was really nice. The woman from AngliaUK phones to say we had to put the VS form in the car. When my husband went down and said he wasn't giving them the form this is what she said on the phone to him "It's better to provide the form because it would mean you wont get CCJs, because you hadn't paid 50% of the finance agreement, they don't need to ask for an order to get the car removed at any time. I've phoned Moneyway and because the accounts in arrears, you can't just voluntarily give the car up, it would need to surrendered, not terminated" She's asked us to post the VS form to her or she can come and pick it up. Obviously I'm not going to, but where do I go from here. Also the guy that took the car signed a letter saying he's took the car without providing a default notice or signed HP from moneyway

Thank you. I'm pretty sure they'll have terminated the contract, will find out for sure. I can't afford to keep the car now as we've had to buy another one and insure and tax it ect, my husband travels quite far for work at unsociable hours so not having a car wasn't an option hence the initial panic when they told us it would be taken any time day or night

It was the repo company that sent the letter but the form was a Moneyway letter if that makes sense? Anglia sent a letter from them with a Moneyway form attached and asked him to surrender the car, he phoned Moneyway as soon as we recieved it to come to an arrangement and they weren't having any of it, so he filled in the form and emailed it to anglia that night

THank you for all the info, yes we've always lived in Scotland. Reading that info it said that the creditor should have accepted a repayment plan to get the account up to date if we could afford the monthly repayments plus more to cover arrears, this just shows me what liars they are since we offered them £400 a month (£140 more than what is due monthly) yet they told us to surrender the car or it would be repossesed at any time day or night unless we paid the full arrears there and then. My husband said "really? You won't accept any kind of repayment, you'd rather lose out on money and take the car without offering an alternative?" And they said "that's a risk we are willing to take" I have no idea if he has recieved a default notice, the only letter I have is the one from Anglia saying they are collecting the car and to fill in the surrender notice which we stupidly done in a panic. Still haven't heard back regarding cancelling it or the VT

Thanks everyone. They arrived today and didn't have a truck with them so couldn't take the car, they'll be back Wednesday. They were extra nice to me but could have possible been because it was just me myself and the car isn't in my name. I have sent an email to Moneyway legally withdrawing my vs and attached a vt letter, I sent it first thing this morning and am currently waiting on a reply.

Dx I replied. I'm just so stressed out: if I did manage to cancel the vs, then what do I do, I can't afford to insure and tax the car again and I have no where to keep it if I Sorn it. The MOT has already ran out.

Hi, thank you for all the replies, I wish I had read them sooner, it is too late to cancel the VS, they are collecting the car first thing in the morning. It is indeed a HP agreement. I'm sure they will slam every charge know to man onto the debt and charge me for it, but what happens in terms or replaying the debt? Can we pay it back monthly at say £10 a month? I'm in Scotland, what are they able to do to recover the rest of the debt once the car has been repossessed? Thank you all

Hi, I hope someone can help me as I have been worried sick about this issue. My husband took out a car finance agreement last year and ended up couldn't afford to pay what they were asking. We recently got the letter in asking him to voluntarily surrender the car. He first phoned and the options he were given were to pay the full amount, surrender the car or for it to be repossesed at any time. We decided to surrender the car as the MOT was running out (ran out yestarday) We sent the email with the signed and dated surrender notice yestarday and as it is Sunday we are having trouble contacting anyone to find out what happens now. My issue is that the tax and insurance for the car also run out on the 1st (Tuesday) and I can't sorn the car as it is parked in a public car park out side my flat. Is my husband still responsible for the vehicle even after voluntarily surrendering it? If so what do we do from here! Thank you