From what I have read on these forums today, you can only voluntary surrender on a hire purchase agreement. Mine was a straight forward secured loan. I feel they have forced me into this.

Hello All, Last year I bought a used car, I used the dealers inhouse finance and signed a loan agreement with a bill of sale (I thought the Bill of Sale was just a receipt up until now!) Anyway I got into a bit of trouble last month and couldn't make my payment. They sent me a payment reminder with a deadline of last week or a charge will be added to my account. Since I was unable to make the payment they said they would be collecting the car from me, which is what they have done today. No notice of default, no offer of a temporary reduced payment plan, nothing. Being only 19 and knowing nothing about finance and being slightly scared of court action I signed the form they bought along which was a "Voluntary Surrender Form" My dad thinks this is not legit and looking through my agreement I can't find anything about Voluntary Surrender. The form also says that the car will be sold at auction, the amount will be credited to my account and they will pursue me for the remaining balance. I got them on camera collecting my car too if it helps. Please help me, the payment was only two weeks overdue