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yogibear8

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  1. Hi. Spoke to the solicitor re PPI and he said that, although it looks very likely it WAS mis-sold, he couldn't take it on. There is likely to be a 'blame game' with the finance company and the broker blaming each other with me as pig in the middle. However I have sent in a reclaim request to get the ball rolling. Wasn't in a position to make this months payment, so it looks 99% certain that I will be handing back the vehicle. I assume they will take me to court for the balance of the debt (even though it is all bloody insurances) so at least I should be able to barter in court with an affordable deal. Would the fact that my wife is co-signatory on the loan and still working have any impact on my position?
  2. Cheers for that. Think I may have overburdened postggj with the bumph I sent him, so I'll give the guy a break. Have to put this to the solicitor when we meet.
  3. Just preparing the ground to surrender the vehicle, cancelled Insurance and cleared it out, when I recieved this form Advantage. Following your emails last week I have reviewed your account with my manager to see if there is anything else we can do. He has advised that due to the fact that the account term is due to finish in October 2011, we can remove the extra interest that would normally be applied to the account after this period, and allow you to pay off the existing balance as it is at £150 per month.
  4. Cheers, they claim thier fees from the bank/insurance company the claim is against http://www.farleys.com/how-to-reclaim-ppi-for-free.html
  5. Understand about the no win/no fee concern. If it was one of these cowboy companies off the telly, I'd steer well clear, but this is a well established local solicitors so should be a better option. They'll be regulated by the Law Society, etc., so probably ok.
  6. Going to exercise my common law right to have a half hour legal consultation with a solicitor next week, see what they advise. Cheers all, will pursue the PPI separately (the solicitor offers a No Win No Fee service for this. Any commission will be worth it just to get rid of the millstone.
  7. I sent them this yesterday. As I understand it, it will take me some 3 years to clear the amount outstanding NOW, without any interest that is no doubt going to be added on to the arrears, at the present rate. Obviously this is in no-ones interest, is there any other way of approaching the problem? This is the response today. Thank you for your email. The only other way the clear the balance apart from continuing with the repayments is to settle it all in one go, the current settlement figure is £5010.34. Unfortunately this is the only other way to clear the balance if you wish to keep the vehicle. If you do not wish to keep the vehicle you can voluntary surrender it back to us, the vehicle will be sold at auction, and you would be liable for any outstanding balance.
  8. Total to pay back would be £13,204.80 @ 48 x £275.10. A shed load of money, but that is what these adverse credit companies charge unfortunately. When I was working it wasn't a problem, but it is now.
  9. Just done a rough count and we've paid some £8,000 off it. The arrears are the problem...as I posted earlier they stand at £5,000 now.
  10. And again, just one to go now. Breakdown insurance (2).pdf Breakdown 2.pdf Credit insurance 1.pdf Credit insurance 2.pdf Breakdown 1 (2).pdf
  11. Some more. Breakdown 1 (2).pdf Pre Contract Information.pdf Breakdown 2.pdf Hire Purchase T C.pdf
  12. Not quite what I envisaged, but any good to you? CAR CONTRACT 1.pdf CAR CONTRACT 2.pdf GAP.pdf GAP 1.pdf GAP 2.pdf
  13. Idid, but couldn't figure out (again) how to post them here, so I emailed them direct.
  14. Latest from finance company after I asked them to clarify situation. Doesn't say much. Does anyone know of any advice centres that may be able to help? CAB weren't interested, something about secured loan? Hi Mr******** Thank you for your email. The situation with the vehicle is the full outstanding balance is £4998.34, your account will be due to finish in October but will obviously go over this term due to the arrears. If your situation is still the same we can keep you on the reduced payments of £150 per month on receipt of up to date proofs of your situation. Your current card schedule expires on 12th June so we will need to re-set it then anyway.
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