mranother v BCT HP Agreement-Court filed.

[mranother]

What is and how does a voluntary termination work???

 

So apart from them going to court for a repo, is there any other way I would get my money back??

 

If I give the car back, I will be without a car for work and job interviews and do not have the funds to buy a new one.

 

Many thanks

[Nagasis]

What is and how does a voluntary termination work???

 

So apart from them going to court for a repo, is there any other way I would get my money back??

 

If I give the car back, I will be without a car for work and job interviews and do not have the funds to buy a new one.

 

Many thanks

 

A VT is where you voluntarily terminate the agreement. You must have paid 50% of the agreement and you give the car back. You would owe nothing and have no car.

[mranother]

I really cant do without the car at the moment!!! If I had a full time job then that would be a different story.

 

So, so far, from what I understand, these are my options - please correct me if I am wrong;

 

1) A Voluntary termination - car goes back, I have no car, no money to buy a new car - thats it, jobs a carrot, everything all sorted.

 

2) They cannot reposess through a collector as I ahve paid more tha 50% of the agreement title - I therefore currently should not sign anything.

 

3) They could now possibly apply to court for a repo - which would mean I would have to give the car back, but every penny that I have paid to them I would get back. This would then allow me to buy another car.

 

4) When they apply to court for a repo, I can then apply for more time to pay, meaning that I get to keep the car.

 

5) Is there anything else that they might try - debt collectors perhaps??

 

Would I also be correct to assume that there is nothing "wrong" with the agreement that I ahve with them??

 

Many thanks everyone - it is something that I worry about every morning.

 

MrA

[mranother]

Thinking about it - if there are any steps that I should take, then I would like to do so before they do.

 

Many thanks, Mr A

[mranother]

Anyone - I cant stop worrying about this.

 

Many thanks,

 

MrA

[mranother]

Bump!!!

 

I really appreciate any help that can be offered.

 

MrA

[mranother]

Anyone????????

[postggj]

bct are ntoriouse just like welcome finance for undisclosed commission payments

 

have you done an sar on bct

[mranother]

Thanks for the reply.

No I haven't done yet?? Wasn't sure if it was worth doing one after they sent me a so-called copy of my terms and conditions a week or so ago.

 

I will do this tomorrow.

 

Any other ideas??

 

Many thanks, Mr

[postggj]

undisclosed commission payments invalidate the agreement

 

dont want to tip them off

 

if you need help with the sar, just shout

[mranother]

Really thats quite interesting.

 

I assume that the SAR is the same for a HP agreement as it is for any other credit agreement??

 

How will it show up that there are undisclosed commission payment??

[mranother]

As per the title really.

 

After posting last on here, I have been very busy atc, but managed to send off the Subject Access Request. I have got a huge amount of documents back...but nothing with regards to whether the payments I have made have gone to a third party (suggestion from a cagger - postgg).

 

I am currently abroad for work (only a little though), yesterday came the SAR (within the time allowed) and then today came the court summons for the 28th April.

 

I really do not know what to do now, and whether I have a leg to stand on or what!!!! All these document, the summons and being out of the country is all pretty overwhelming!!!!

 

I am sure that for people to help me out, I need to post docs on here, but I've no idea where to start!!!

 

So please, please, please can someone give me some advice so I can get things clear in my head and start progressing with this in a structured manner!!!

 

Thanks, muchly.

 

MrA

[dx100uk]

it would p'haps be better if we get this merged into your old thread.

 

then we have an advice trial.

 

i'll ask for that to be done

 

dx

[mranother]

Ok, thanks for that.

 

Appreciate it

[mranother]

After posting last on here, I have been very busy atc, but managed to send off the Subject access request. I have got a huge amount of documents back...but nothing with regards to whether the payments I have made have gone to a third party (suggestion from a cagger - postgg).

 

I am currently abroad for work (only a little though), yesterday came the Subject access request (within the time allowed) and then today came the court summons for the 28th April.

 

I really do not know what to do now, and whether I have a leg to stand on or what!!!! All these document, the summons and being out of the country is all pretty overwhelming!!!!

 

I am sure that for people to help me out, I need to post docs on here, but I've no idea where to start!!!

 

So please, please, please can someone give me some advice so I can get things clear in my head and start progressing with this in a structured manner!!!

 

Thanks, muchly.

 

MrA

[mranother]

I have updated this original thread for the sake of continutity and a chain.

 

Can anyone help????

 

thanks

[mranother]

I now have all the docs, they have been sent to me as pdf's, so can provide any info people may need.

 

Would be very grateful for any help.

 

Thanks so much,

 

MrA

[mranother]

I am also wondering if there is anything in my agreement that i have that i can contest. Eg, there are parts of the terms etc i.e. with regards to gap insurance and stuff that have been signed by them, but never signed by me and I didnt see the docs.

 

The doc that I signed, was a document faxed to the car dealer, where I signed it and he then faxed it back????

[dx100uk]

i'd ping postggj

he's your man.

but yep, you're in for a windfall i'm sure

 

dx

[postggj]

i need to see the agreement

take out all personal info but leave in the figures

 

google photo bucket to post

[postggj]

can you use a scanner and upload

 

the links are not that clear

[postggj]

from what i can see is the cost of the car

amount of credit £8995

 

can some one tell me what the apr is

 

agreement link is on page one

 

realy need glasses

[mranother]

Ok, thanks for the post, I will upload the pdf doc shortly once taken ou all the details...the "agreement" really isnt much better than the pics lol.

[mranother]

Ok, here goes;

 

 

 

 

 

 

 

In answer to your earlier post Postggj, the APR is 31% if my eyes serve me correctly.

 

As you can see the quality of these docs really is shocking, especially the one that I signed at the car dealers...as in the fax BCT sent, and then the car dealer sent back!!!????

Edited March 31, 2010 by mranother

[mranother]

And yes the cost of the car...amount of credit was £8995.