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.
First post in this forum, I've recently had to give my car back to the Finance company and they want me to sign a Voluntary Termination.
According to the finance agreement, I haven't paid 50%, and there is some damage to the front and rear of the car, Also, they picked it up from Police compound where the police had taken it due to them pulling me over and seizing the car. The only reason i'm giving it back is that I cannot afford to keep it insured as is required under the finance agreement.
The VT says they will sell the car at the auctions and I will be liable for everything that is left from the finance agreement minus the value they sell the car for.
Can I do anything about this?
Barclaycard-Reclaimed all charges-A/c Closed Burtons-Reclaimed all charges-A/c Closed Citifinancial-Default removed-A/c Closed Halifax-Reclaimed all charges-A/c Closed Capital One-Finally, Default removed-A/c Closed!!!
*Update*
Hi, I know i've had no replies to this thread and as such, i left the dsebt and did nothing, the last time i heard anything from Private and Commercial was in March 2009. I have now had contact from Go Debt recovery (1 year and 2 months later) who have threatened me with Bankruptcy. I have sent a CCA request and have received that back with a copy of my signed original agreement.
I now dont know what to do and am worried about getting made bankrupt as obviously this would ruin everything.
Can anyone please help me out with this? Please?
Barclaycard-Reclaimed all charges-A/c Closed Burtons-Reclaimed all charges-A/c Closed Citifinancial-Default removed-A/c Closed Halifax-Reclaimed all charges-A/c Closed Capital One-Finally, Default removed-A/c Closed!!!
Do you have financial probs at the moment? What is the amount outstanding? Do you own/mortgage your own house?
Bankruptcy in this situation is usually a threat more than a reality, it will cost them to petition for one.
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Dubious website businesses Conterfeit alcohol and cigarettes Illegal sales of alcohol, tobacco, knives & fireworks to children Cowboy builders or tradesmen Car clockers Counterfeiters Aggressive selling
Never phone or accept phonecalls from debt collection companies.
If you don't believe you can win, there is no point in getting out of bed.
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Apologies for not getting back sooner, I did not realise anyone had replied! The current situation is they will petition for my bankruptcy as i did not manage to pay them either £8500 or £2500 on the day they wanted it, the last conversation i had was i offered to pay them £500 at the end of the month and would pay them £500 a month until the debt is paid, after reading quite a few threads on here, it seems i should not offer them a anything at all!
I have received a stat demand, which has already gone past the 21 days at least a month ago and they stated that they could wait until the beginning of November to petition for bankruptcy, however, after stating all my particulars to the CAB, they have advised me to shake Go Debts hand if they do make me bankrupt as they would never get their money and i would be debt free after a year, does anyone have any comments on this?
Barclaycard-Reclaimed all charges-A/c Closed Burtons-Reclaimed all charges-A/c Closed Citifinancial-Default removed-A/c Closed Halifax-Reclaimed all charges-A/c Closed Capital One-Finally, Default removed-A/c Closed!!!
Schmidlin vs Private & Commercial
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