I'm paying my exs debts help.....

sparks23

Hello, I'm super new here!

My ex was refused finance for a motorbike so I (stupidly) took out the finance for him.
He registered the bike with the DVLA as his. Didn't bother me at the time as I lived with him and can't even ride a bike.
He would pay me each month to cover the repayments.

After we split he has made very few payments. He crashed the bike making it worthless. He has moved to Scotland. Has had holidays etc and tells me every so often he is out of work but will pay me when he has a job.
When he has a job he texts me asking for bank details and say he'll pay me Friday. I check my bank statement......nothing. I contact him....I can't.

Does anyone know where I stand? Should I just write off the £6000 debt I'm owed (probably closer to £8000 with interest) or can I fight it.

CAB didn't help. I can't afford a legal consultation at the minute and due to a career change I am financially struggling.

I don't know what to do

squibbs25

Hi and welcome!

I think it depends as to whether the finance taken out as a personal loan or a bike loan as to where you stand.

I think you have more rights if it's a bike loan, but if it's a personal loan it's not secured against the bike, please dont quote me, as i'm sure somone with more knowlege will be along soon.

Squibbs

pinkpig08

I think that just because someone is the registered keeper it doesn't automatically make them the legal owner. If you can prove that the loan was taken out for the bike then you would be in a better position.Not sure about the technicalities though, sorry!

xmaslolly76

Was the bike not insured can you get it repaired thorugh the insurance? If so you may be able to get the bike back and if you have paid at least half the amount on the credit agreement you can hand it back to the finance company and the agrrement will be closed. I'm not sure how you would go about getting the bike back legally im sure someone with more knowledge than my self would be able to help you there. If you cant get it repaired then i think your a little bit screwed to be honest and will have to pay the debt off yourself sorry :-(

pinkshoes

It's time for a recorded delivery letter to your ex...

He should have had insurance for the bike, so tell him to claim on the insurance, and give the money to you.

If he didn't have insurance, then tell him that unless he pays you the balance immediately, or makes monthly payments of £500, then you'll be reporting him to the police for riding without insurance.

Tell him that failure to pay him the balance, or at least keep up with regular monthly payments will result in you taking legal action against him to recover the money owed.

AlwaysWorking

I had a similar situation with my ex. I (very stupidly) took out a car loan in my name as he had bad credit. The relationship then broke down and a solicitor advised me there was nothing I could do. Maybe I didn't fight enough...I'd advise you to find a solicitor who provides a free consultation and get their advice. Good luck!!

Pee

It is worth taking him to the small claims court. If you contact the court, they will be helpful as to which forms you need. You have to beware that he may well say thta it was a gift from you to him and it would effectively be your word against him. In the meantime you need to keep paying the debt to avoid problems with your credit record...

MrsTinks

If the bike is in his name and the finance is in yours then you're stuffed short of starting a legal battle - even then unless he HAS the money you're in for a long expensive battle to get him to cough up
NEVER take out debts for anyone else! I love my DH but neither of us have taken on the others debts from before our relationship - we're both ademant that we want to pay them off ourselves - they were our responcibility before and they still are now - ok we're relaxed about who pays for what on a daily basis but more so now we have a little baby daughter...

xmaslolly76

I know the finance company can do something as it is them that legally own the bike but i believe they will only act if you dont pay them and to be honest if the bike is in a state they will still hound you for money even if they get it back you really need to do what Pinkshoes has advised and tough with him