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Vol Termination of HP agreement and costs

In going BR, i am going to VT my HP agreement on a vehicle where i have paid well over half the amount. The HP agreement itself is in arrears by 1 month, and the agreement states there is a £45 collection fee and i have to pay if it is not in good condition (there is a slight dent beneath a wing mirror).

Will these costs be included in the BR or do i NEED to pay these?

Comments

  • debtinfo
    debtinfo Posts: 7,012 Forumite
    all the costs of taking the vehicle back would be included in the bankruptcy
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
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