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DeRichleau

Car repo Figures dont add up

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I have had a car repossessed, and I have a witness who saw it auctioned for the sum of £7800. The Creditors solicitors are giving a figure of about £2k less than this as the net figure. Of course I am going to question this however, could somebody set me right as to wheather there are any immoral charges, and financial loopholes associated with repo, that allow these cretins to turn you over in this manner. It's best to know before I start on them. Many thanks.

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who is it and how far into the agreement were you

the agreement should show stage etc of when you can do this

 

it may welll be you owe themnothing now

 

dx


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, DCA;s would collapse overnight.

 

 

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Don't forget the auction charges, they've probably deducted the 'sellers premium' from the auction price.


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Would the Sellers Premium be as high as £2k? out of £7800. Sounds dodgy!

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Some auction houses charge 25%. If you know which one it was ask them for their charges.


Anthrax alert at debt collectors caused by box of doughnuts

 

Make sure you do not post anything which identifies you. Although we can remove certain things from the site unless it's done in a timely manner everything you post will appear in Google cache & we do not have any control over that.

 

Vir prudens non contra ventum mingit

 

[sIGPIC][/sIGPIC]

17 Port & Maritime Regiment RCT

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