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.
my car was repossessed last year, i had defaulted by less than 2 months payments, it was taken away and sold at auction for again less than 50% of it's value at the time.
the company are now chasing me for nearly 5k, i am on the verge of bankruptcy and being taken to court, now i have been put on a wage arrestment for 150 per month, i don't have this amount of cash spare nor do i think they should be allowed to take this amount of money off me for the car. at the time the vehicle was a "wanted" car, sought after by many, how on earth did it sell so cheap, was there an inside job to get it for the boys. it has since turned up for sale on the internet, 18 months later still demanding 2k more than they sold it for. Is this just imorale or is there some legal arguement out there
cheers for any information
mich x
Any views expressed on this site are my personal opinion or experience and do not represent legal advice in any way
If the car was sold at a "proper" auction such as BCA then you get exactly what someone is willing to bid on the car. Did you expect the company to keep putting it back into the auction until they got a higher bid which was acceptable to you? Unfortunately things just don't work like that.
If you assume that the car was bought by a dealer he would have to allow for any remedial work prior to putting it up for sale plus a profit margin for himself plus maybe a warranty.