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Found 7 results

  1. Hi I have had a car on finance from moneybarn for little over a year. for starters I have not paid over a 1/3 of the agreement. I have been in and out of work since i bought the car i have had missed payments all over the shop. I have been in a couple of payment plans with them but now they have terminated the agreement. I need to know what s next. i have looked into a time order and think its the best way forward but i dont know much about how i apply for it and where etc. Also how long do i have now that they have terminated the agreement, do the
  2. Had a car on finance with money barn the car was involved in an accident and the insurance company wrote the car off the finance company said the settlement was 12,813.66 the insurance company offered 11365 leaving 1448 pound owing i told the finance company i didn't have the difference to settle the agreement but they went ahead and accepted the insurance companies offer and released any security over the car.. money barn are now demanding 4512.48 via a claimform under breach of the agreement and requesting full interest up to the 19th march 2018 when the a
  3. Hi all, Need some advice please... Details are as follows... I took out a finance agreement for a car with MoneyBarn in Nov 2014. Made all payments up until June 2015 which was missed (an error on my part which I never noticed). Every subsequent payment made successfully. Monday Feb 1 I have a knock on the door with 2 bailiffs requesting to take my car there and then. They showed me on an iPhone a copy of the termination notice which was the first time I had laid eyes on anything like that. I telephoned MoneyBarn immediately to ask what was going on,
  4. Hey guys, I'm really hoping someone can help give me some sound advice on Moneybarn. I took out a 3-year conditional purchase agreement with Moneybarn in Oct 2013. I pay £410 per month, and to date I've paid just shy of £9000 on a car that cost £9,400. The total amount to repay Moneybarn is around £14,000, and I am almost 2/3 rds of the way through the contract. Last summer, I broke my neck and explained to Moneybarn that because I'm self-employed my payments would be late until I recovered. I managed to get the money together for the three month's missed payments and I o
  5. I borrowed £11190 to purchase a car for £15000. Unfortunately after 9 months I missed 3 payments. Money barn demanded that the car be repossessed. I offered to fully pay all arrears but they refused. They now state the car is worth £6000 despite originally informing me that they valued the car at £11400 and after sale I would not owe them any further. They also have indicated I owe approximately £13600 on a loan that was originally £11190 In a nutshell they now want be to charge me a further approx. £7800 despite taking taking the car away. So they want £7800 to add to the £2700 I have
  6. I purchased a car back in 2007 with money barn for £16k. I placed a 3k deposit and a payment of £399 per month. I was taken ill and fell in arrears. To my shock they repo the car without a court order. 6 years have elapsed, I have now been contacted by a company called Shoosmiths solicitors outlining they are now the legal representative of Money barn. I now have another CCJ and have been ordered to court to answer financial questions under oath. If I do not attend, It clearly states i will be done for contempt of court. Since I have moved around
  7. Good day all, Many thanks for your time reading this post and i hope someone can help me. I had a car on finance from moneybarn, i work overseas in the offshore oil and gas industry and have no communications home when i am away. i spent 3 months at sea and returned to letters from moneybarn and bailiffs saying my vehicle needed to be returned due to missed payments. This was due to a fault with the bank and not myself. I contacted the bailiff and and asked if i could pay the amount owed and start the payments again. He informed me that this was not possibl
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