Thread: black horse finance

help needed. Sorry so long but is a long winded saga.

3 years ago i bought a car from a dealer on finance arranged by Black Horse. (which i thought was a Hire purchase agreement).
Last year the engine blew up on the car and it was going to cost £1300 to fix i continued paying the monthly instalments with Black Horse for a few months but i had to give up my job because i couldn't get to work with out a car due to location.
I called Black Horse and explained that i couldn't continue paying the amount i had because i had no job and no car the lady i spoke to said she would send out a payment book and i could pay a token sum a week which i agreed to do.

No payment book came, just a phone call from a company called Close Assistance who said that Black Horse had passed the file on to them and demanded that i pay the arrears of £1000 (most of this was from them putting a £100 charge on my account every month for non or late payment as well) there and then or somebody needed to come to the house to arrange a payment plan.

I didn't know who this company was and I said that i wasn't going to agree anything until i spoke Black Horse or had written confirmation of this. I was told that Black Horse would not speak to me and if i wouldn't agree to somebody from their company coming to my home then i would have to meet them in a pub or a cafe. After the bloke told me this I refused to deal with them I didn't think this was the right way for a company to behave! Is this a legal way to conduct business? It took a further 5 days before I had confirmation by way of a letter confirming that my file had been passed to them.

My point is that now the car is fixed i can't sell it because it is not on HP it is a personal loan but with the car registered on the HP register. I asked the lady from Black Horse if they wanted to repossess the car and she said they didn't because it was a personal loan agreement!

So I am stuck in catch 22, I can not sell the car to pay of the debt because it is registered on HP but they do not want it back either.

I have now received county court papers wanted the full amount owed and I don't know whether to agree to pay or dispute all or part of their claim for their money due to the fact that about £1000 of the claim is for a penalty charge of £100 for late or non payments every month and the fact that it is a personal loan agremeent and HP registered (something i might add is not mentioned or explained to you when you buy the car you just think it is a HP agreement).

Can anyone help??

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its good to see (well not good but you know what I mean) that I was the only one charged £100 a month for late/missed payment. Looking forward to taken them to court!!

Paul see the many other BH threads where its a personal loan but they still register an interest on the car on the HPI register.

Very very naughty this company as you can see from the number of threads on them here.

You could do all the usual stuff to this DCA whom BH has sold the debt on to, deny any monies owed to said company send them £1 for a signed copy of the CCA and demand a copy of the deed of assignment if they dont have or cannot provide them then they cannot chase you for the debt.

Have a look through the many other BH threads for more advice

Hi

It looks like they have passed the file back to Black Horse who have then proceeded to serve me with county court papers i need to fill in the papers and send them back as soon as poss but do you think i should defend all or part of the claim due to the fact that

1. At least £1,250 of the claim is made of of late payment charges of £100 a time over the last year or so
2. The whole problem has arose as it is a personal loan with the car registered on HPI register so i can't sell it to pay the loan off.