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wanderers8

How do I prevent my van from being repossessed ?

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I've had a gay round my place today trying to repossess a van I purchased 4 yrs ago on lease purchase... with a balloon payment due on 1st of July... although the company which I was involved with was wound up 2 yrs ago I was told I was liable for the van as I was a director and subsequently signed as guarantee.... So I carried on paying for it until I fell behind earlier this year....

 

now I'm trying to stop them taking the van... as they'll end up selling it for far less than its worth....Yet I'll still be liable for the outstanding amount.....!

 

I'd rather keep the van and come to some agreement over the outstanding moneys.... but the guy's having none of it and has said if I don't tell him where the van is... he'll get the Police.....!

 

Can anybody advise me....?

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how much have you paid///

look on the agreement for the levels of ownership.

 

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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I don't know....... 3 and a half yrs at £350 a year.... with a balloon of around £4000.... I can't find the agreement... as it was a company one....!

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you need to cca who you are paying to get it then

 

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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