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Voluntary Surrender v Voluntary Termination?

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cardebt Posts: 2 Newbie

26 April 2011 at 9:26PM in Debt-free wannabe

Hi,

Is there a difference between 'voluntary surrender' of a hp agreement and 'voluntary termination'?

I have a solicitors letter turned up requesting i pay £8054.90, after i voluntary surrendered my car last year.

I was told by the finance company that as i had paid over 50% i could hand the car back and owe nothing, now this!

Any help would be really appreciated

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Voluntary Surrender v Voluntary Termination?

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