Welcome Car Finance - Car Written off - BIG problem

wolvesfanuk

Fiddlestick wrote: »

I'm sorry to be the bearer of potentially bad news but that may not be the case.

The person who has legal title to the vehicle is NOT the person "registered" on the V5C - that's just the registered keeper which is NOT the same as the legal owner.

If you bought the car then it's yours, regardless of what name is on the V5C...

I didn't strictly buy it. The insurance money was used plus a top up I gave her. I waived my right to it - it was a gift (the money).

ILW

Sorry to say it, but it does sound like she is taking you for a ride. It does all seem very one sided.

terryw

wolvesfanuk wrote: »

I didn't strictly buy it. The insurance money was used plus a top up I gave her. I waived my right to it - it was a gift (the money).

Please please try to understand what you are stating. You are in a lot of debt and very worried about this but you make a large money gift using money that you are probably not entitled to.

wolvesfanuk

ILW - that is a really quite horrible thing to say when you don't personally know all the circumstances nor us personally. Nobody is being taken for a ride, i'm merely looking after the woman I love.

ILW

wolvesfanuk wrote: »

ILW - that is a really quite horrible thing to say when you don't personally know all the circumstances nor us personally. Nobody is being taken for a ride, i'm merely looking after the woman I love.

Fine, but you are getting yourself into an unsustainable amount of debt to do it, which will do neither of you good in the long run. You have to bear in mind what will happen when it all hits the buffers and the cars and everything else have to go. Address it now before it gets even more out of hand.

wolvesfanuk

Thanks ILW. So from all i've gleaned my only option is to continue paying the full amount to welcome right?

woody01

wolvesfanuk wrote: »

I just think civility is a small thing to ask for. Once more, I know i'm in trouble - I just want to know the consequences. As for what you said about my "ills" - back off now! You have no clue about me or my illness...and you are out of line. Post reported.

Your illness has absolutely nothing to do with this situation so why keep bringing it up?

Playing the 'i'm vulnerable card' is not going to make this go away.
It's also not going to make people give advice just to keep you happy.

Your story makes no sense either.
Why would the car being written off have anything to do with you not being able to pay Welcome the money you owe them?

wolvesfanuk wrote: »

ILW - that is a really quite horrible thing to say when you don't personally know all the circumstances nor us personally. Nobody is being taken for a ride, i'm merely looking after the woman I love.

You aren't looking after anyone.
You are dropping yourself further in the sheite.

wolvesfanuk wrote: »

Thanks ILW. So from all i've gleaned my only option is to continue paying the full amount to welcome right?

Isn't that the idea when you have a loan to buy something?

Sorry, but i don't think anyone has the faintest idea what you are asking or what answer you would like to hear.

wolvesfanuk

I'm not trying to get out of it :S I just wanted to know from the people in the know if there was a manageable way I can do things. When it comes to Welcome clearly I can't so I will struggle on. Thank you for all the advice and seeya.

AMILLIONDOLLARS

wolvesfanuk wrote: »

Hold on hold on...I came for help not personal attack. I suffer with enough mental health issues as it is...I don't need that kinda thing dragging me further down. Advice/help is all I want.

My partner could never afford to pay for a car herself. The money paid out wasn't anywhere near enough to cover the finance with Welcome. The car bought in replacement was 3k not that it's really the issue.

I just wanted advice as per the original post

By the sounds of it, neither could you! Secondly, paying 3k for a replacement, when you could have found a car for say 2k and using the rest to keep the finance company off your back for a while, IS the thing dragging you down. The finance company will be coming after you I'm afraid. Try to come to some sort of arrangement to pay the debt off in the short-term, as your girlfriend is suing for personal injury, it would be prudent, if she wins her case, that she uses the money to clear the debt off in full.

AMD

pineapple123

sorry wrong post