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Car Repo threat - Help!


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I had a 5 year agreement with Carlyle finance for a BMW which ended in June. I have about £1,000 outstanding on a £10,000 finance.


They have passed it on to an external debt collecting company who keep calling me. They want me to agree an appointment for their agent to come round my house, look at the car, check the V5 and agree a payment plan for the outstanding amount otherwise they will have no option but to apply to the courts for Repo. i am reluctant to have this agent snooping round.


I have just recently in last 6 months ran into difficulties and just making sure my mortgage and council tax are paid.


What would be the legal position since 90% of the finance has been paid?


Also i had another 5 year agreement with Carlyle for £13,000 for a Mercedes and I paid that off in 1 and half years just recently. i did ask them to consider that I paid that off quickly and write off the £1,000 for this particular debt but they refused.


Any help appreciated.

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To Begin With, They Will Need A Court Order To Repo The Car,

If They Went To Court You Would Agree A Payment Proposal With The Judge In Your Budget And Keep The Car


Any Penalty Charges On The Account

Any Ppi

Micky Mouse Insurance

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Here is an update, would appreciate comments.


I just had a call on my mobile from a person representing Close Credit Management in reference to the £1,000 outstanding on car finance.


I told him I don't want to make an appointment with him to 'look at the car' and will deal with them in writing only giving a payment proposal.


He said they never deal with cases in writing and only face to face as they have 'qualified negotiators'. i asked him why do banks and credit card companies negotiate on the phone? His reply was 'it is not a secured loan with them'. i said well how am I able to have a payment plan for my mortgage arrears? He then said 'look let's deal with the matter in hand.


Basically he said the best option is for the court to decide on a payment plan.


This chap rang from a mobile phone as my mobile has got the caller i.d.


Sounds weird?

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i would phone them up

agree a realistic repayment proposal

get them to confirm in writing what the balance is

how much a month

over how long


them saying its face to face contact is rollocks

they dont want this to go to court any more than you do


you could allways send them a repayment proposal and see what they say


but on your terms, not the dca

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They are not interested in discussing payments on the phone and only want face to face. What i will do is send a letter to them recorded with proposal and see what they say. At least it will show the judge that I am showing a willingness to come to an arrangement rather than Close Credit.

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Just would like to update you all on this. Just had a call from Close Credit(their call centre) banging on about the same subject. Saying they want to book an appointment blah blah. Told them they I will deal with them in writing only. Bloke turns round and said that I only have 1 option available and that is to arrange a meeting with their agent at any address in the UK. Sent him packing.

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