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freinds car repo story ...


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Can somebody help?

 

A dear friend has found herself in debt.

 

 

She owes £8,000 on a car which was repossessed when

1) she lost her high salaried job and

2), dear hubby was sent to prison.

 

 

She found herself dumped from comfortable life to food banks in no time.

 

 

She is paying off the debt at £30 pcm

but with other, normal outgoings, a 6 year old daughter, an elderly parent and life in general, is now in serious financial trouble and her health is suffering.

 

Is there any way that she can get the debt forgiven?:oops:

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who as the car taken out with

and who provided the finance

what type of agreement was it too

 

 

I suspect they ripped her voluntary surrender rather

than Voluntary termination

 

 

it might be best to get an complete over view of all her debts.

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Your friend needs confidential advice by someone qualified. She may have a numbers of options, but won't find out unless she speaks to an organisation such as Stepchange. They are a debt advice charity and if a debt management arrangement is best, they don't apply fees which would reduce amount paid to creditors.

We could do with some help from you.

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tell us the full story please

 

was the car surrendered voluntarily by your friend, and she came to an arrangement with the finance co, or was it subject to a court order for repo

 

together with a money judgement to pay £30 per month?

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 

 

 

Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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