Ive scoured through pages of threads but am unable to come up with an answer.
I took a HP out with Blackhorse in Oct 2007 on which it was a 3 year agreement with 278.60 payments. Due to redundancy and only temp jobs since i have been able to make some payments. All in all i have roughly paid £6100 with arrears(remaining balance) of £4200. I did send numerous letters to blackhorse but they did not respond and has now been with credit style.
I met one of their representatives on Wednesday and they basically stated to make payments of £330 (all figures rough) for 12 months or to VS the car.
I am currently awaiting a job response and should hear back Monday/Tuesday, if successful i want to pay it off on their 12 month plan. However if this does not go to plan the only option i can see is to VS. They have stated however any value made at auction will not go towards the arrears and i will have to still pay the remaining £4000. I thought any cash made would at least go towards my arrears as the car is still easily worth £5000 on a trade in value.
Sorry for lack of info and the jumbleness im just panicking, i did request a SAR and a copy of my agreement on Wednesday, hopefully should arrive soonish.
Thanks fo reading