We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Quick Q about Motorbike

Almost 2 years ago my OH went bankrupt, the OR said he could keep his bike as he needed for employment. His Time was up in December and when we do a HPI check on the bike it says tha black harse still have an interest in it????He would like to Part exchange it but obviously can'tAny ideas would be greatly appreciated :confused:
Choose a job you love, and you will never have to work a day in your life. ~Confucius

Comments

  • JCS1
    JCS1 Posts: 5,336 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    If bike was on HP, then decision not OR's to make (unless equity in the bike) as the finance is secured against the bike. It's only if you default and return the bike to the HP company that the shortfall is included in the BR. Have you been making payments to Black Horse?
  • RainbowChild_2
    RainbowChild_2 Posts: 1,219 Forumite
    No payments being made to BH. The loan was taken as a general loan and not directly on the bike, so its a bit confusing.
    Choose a job you love, and you will never have to work a day in your life. ~Confucius
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.