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Leasing company gone bust, what are my rights?


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Not sure if this is the right thread for this,  but I found out yesterday that my car leasing firm has gone bust when someone called me. They have asked me to return the car in 30 days and said i should have had a letter to inform me 2 months ago, which i have not.

I had a payment holiday last year because of Covid which was all agreed and i was told it would not negatively impact on my credit file, which it hasn't so far.

I was due to swap the car in January 2022 as per my lease agreement so i am now left with no car and i will have to continue to make the payments from the payment holiday last year.

I received a letter this morning saying my account had defaulted, which it hasn't, i have paid on time every month throughout 2021 after the agreed payment holiday ended.

Any advice welcome!


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as far as i'm aware, there was no remit that covid relief holiday payments would not result in a default .


have actually been sent a default notice quoting section 87 of the consumer credit act or simply a D marker on the monthly payment calander, which no-one bar you and they can see anyway.




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

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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