letter before action from CLS car finance

[smithyone74]

I financed a car through these at extortionate rates a few years back and VT'd it in 2021 leaving about 1.5k outstanding,

 

They are now chasing me threatening CCJ and attachment of earning/warrant of control  if I dont pay in full or 'call them to discuss' within 7 days,

 

I emailed them yesterday asking for all payment history/copy of agreement etc

 

can anyone advise on where I stand and the best course of action, I have only just got out of a previous CCJ and was looking to keep it that way.

 

thanks in advance

 

I forgot to add, was in joint names with my wife who is currently in an IVA

[unclebulgaria67]

Joint loan, so you would still be liable if wife could not pay.

 

Has your wife mentioned this debt to IVA company ? Think they should be aware, as they may want to ensure the debt is dealt with.

 

Others who are more knowledgeable will be along later. But can you provide more info.

 

When did you take out this loan ?

 

Exact type of loan ?

 

Repayment period ?

 

For how long did you make repayments before giving the car back ?

[smithyone74]

Hi, yes they are aware that she is in an IVA, hence coming for me for the lot -  I took out the HP agreement in Jan 2020 - I VT'd it 6 months before 50% through the agreement

[dx100uk]

urm..hows this iva going, how far in is she, i hope none of the debts that are part of it are owned/she is paying any debt collectors is she? IVA's are usually a big con!! most of what is paid gets taken as fees by the provider.

 

 

as for CTS , yes you owe to the 50%  mark if you did VT.

 

hit letter of claim and follow the Hire Purchase reply Post.

 

dx