Thread: mobile money

hi iam hoping to get some advice here,we owe mobile money around £500 pound after paying around £1,500 for a £1000 loan from 2 year ago they now want to take the car to sell to gain the out standing money the car has been stored away as it is nolonger in working order and we are not will to pull the money out to have it fixed so mobile money can come along and take it.we were lucky to have a family member how bought us an other car untill we could get this problem sorted out.Today some one from mobile money payed us a visit and said they have been watching us and taking photos of my partner driving the new car and they say in 18 days they will be back to take the new car as they can prove it belongs to us.when my partner asked for this in writing he was told that we would get it in writing in 18days when they come to collect the new car!
can they do this....please can any one help.
thanx in advance,linzih:-?

hi im not sure but i wouldnt think they can take it without you signing a liability order as the bill of sale is on the other car not this one..
but i have just been thinking and if you car needs work done to it (the one you have a loan against) why not take it down to them to get it fixed as it belongs to thyem so to speak let them fork out for it as they supposedly own it lol see what they say then

I don't think they can do anything on your new vehicle but just to be sure the person that bought it for you - ask them to give you a written statement saying it is their car which they have loaned to you - then they definately cannot do anything with it.

Also as a side point as you have paid more than 1/3 of the car they would need a court order to come and take the old car from you anyway.