Just wondered if anyone can advise.
A friend has recently purchased a vehicle through ebay.
Shortly after the updated V5 was received
a letter was received advising that the vehicle had outstanding finance
and that it will be repossessed on the 23rd of this month.
I have done some digging and it transpires that the previous owner never sent the V5 off
and that the logbook loan was in fact taken out by the previous - previous owner.
I have the name and address of the previous, previous owner as it is on the logbook,
furthermore I know where they work as it is on their facebook profile,
that I had a cheeky look at. I have not made contact yet.
Not really sure what to do now at this point,
can anyone advise?
I have spoken to the loan company, who don't really want to know.
Time is obviously of the essence as it is due to be repossessed next week.
I really would be grateful if any advice!