before you sign any agreement you must READ it fully and carefully. make a copy in case you need to check any details later and they are devious companies out there. If they have not signed it chances are they have sold it on as a promisory note ( and have been paid its face value ). 2) I am not based in uk so you need to check the hire purchase rules in uk... normally if you have paid more than 1/3rd of the loan they can not reposess the vehicle... most people don't realise this and hand the car back ! but please check your local consumer credit laws in regard to HP agreements these are different from Lease agreements.. 3) Read the letters very carefully that you recieve..... in many cases dubious claims ,threats are made and many are inacurate. but they all rely on scare tactics to get you cave in and pay up. hope this helps regards bb

If you have received a letter from collections agency : They are a 3rd party interloper and are interfering in your business . seal the letter and return it to them RTS NO CONTRACT ! ( make sure there is a return address on envelope !