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 had my car since May 2006. I did a three year contract with a final payment due now. I owe £11k and I have been offered £10500 to sell and I dont think I can expect to better that. The problem is I dont have the £500 difference. The finance company tell me I cant simply hand the car back because I have paid everything to date.
The finance company will not let me sell the car for £10500 and then leave me owing them £500. They want to take the car back and then sell it at auction and then I be liable for the difference which could easily amount to 3k to 4k.
If I cant find the £500 they take the car. However it would take them ages to get 3k to 4k out of me as financially I am f**ked anyway.
Any suggestions. Final direct debit due out tomorrow.
Unfortunately not in a position to use overdraft. Car Loan is upto date but my unsecured credit is a ghastly mess. Working through the process of CCA'ing them etc.
Last payment due tomorrow
and then I be liable for the difference which could easily amount to 3k to 4k.
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