Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
I have a personal loan with Black Horse Finance and went to sell it a short while ago for something smaller only to discover that it is HPI registered.
Not sure where this leaves me as I will be filing for bankruptcy in Jan 09 but due to the length of the journey to work am hoping the official receiver will exempt the car.
Does anyone know if this would be possible or would BHF sell the car?? Not sure how this works as it is not an HP agreement!
Sorry you've waited a while for a reply, and sorry again but I don't know. However my reply should bump you up to the top of the forum, so hopefully someone who does know will be along soon.
RMW
I am not an expert in law, finance or any related field, I just read a lot. Any advice is based solely on what I've read so please don't take it as gospel without checking it out yourself.
I prefer not to give advice by PM. If you want me to look at something, send me a link to your thread, and if I can help I'll reply on there.
Not sure where you are with this as it was some time you posted the question.
Blackhorse put HPI financial interest on all cars sold through dealerships however if your agreement is a personal loan then this can be removed.
They will ask you to send them the sales proceeds to Blackhorse because then the balance will be smaller or if your lucky nothing.
If there is anything left after the car is sold they can refinance it to reduce the payments.
Oh and you don't have to send them the money, altho if you dont you'll be stuck paying for something you dont have for a long time!
Black Horse Finance
Reply With Quote
Re: Black Horse Finance
