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.
Hi folks just signed up to get a bit of info. here's my situation...........
Before i bought my car i did a HPI check on it and it stated that it had an outstanding finance agreement against it.
I then followed it up and rang the finance company. They told me that the agreement had been settled, as if it hadn't, obviously i wouldn't have gone ahead with the purchase.
Nearly three years later i am now looking to sell it and have found a buyer. Today the buyer rang me and said the car STILL has finance against it.
I've just rang the finance co.(Black Horse) and they are now saying that it is not settled and still have the car on their records. They will not give me much information, such as - how much left to pay, as it's confidential. I'm not saying they havn't been but, surely if they weren't paying it off i would have heard from them before regarding some sort or repossession?
For the life of me i cannot remember if i asked about this with the person i bought it off, but what i do know is, if i wasn't completely satisfied that everything was above board then no way would i have gone ahead with the purchase. Where do i stand?
Write to the finance company recorded delivery and ask for the information. Also write to the last owner (again recorded) and ask him if there was any outstanding finance.
You will be able to clear this up as it was bought in good faith and on an assurance from Black Horse that there was no finance outstanding. It may take some time however.
When you have further information or any more question, come back again.
Trading Standards wants your help
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.
_________________________ ________________ _________________________ ___________________
Finance agreement against car
Reply With Quote
