Welcome Car Finance - What To Do?

Suffolklad

I'm hoping maybe someone can give some advice on what to do. In Feb 2008 I purchased a car via Welcome, a joint agreement with my, at the time, partner. A couple of months later we split up and due to money problems, Welcome defaulted us and subsequently in Aug 2008, terminated the account. I still have the car, nearly 3yrs later from termination, and despite one attempt to repossess, have heard nothing from Welcome. I have no contact with my ex partner but I believe she has heard nothing either. Now, what should I do? I'm not in a postion to pay off the finance, original amount £7500, but am surprised to have heard nothing from Welcome regarding the car. Surely I can't have slipped through the net and they've forgotten about me.
The default note they issued is, acording to another site, dodgy, will attach some copies to end of the post, as well as copies of the agreement.
Going on what I have been told, if the default notice is not as it should be, I am only liable for the arrears upto date of termination?
The situation I am in at the moment is that we are in need of a bigger car, but am stuck with this one and no idea as to what to do. Given Welcome's situation at the moment, is it likely that they'll do anything about it?


(Will add attachments as soon as I am able)

~Brock~

Have you made any payments since August 2008?

Suffolklad

~Brock~ wrote: »

Have you made any payments since August 2008?

Have attempted to, bank and card details were given twice in 2009 following a phone call to set up a reduced payment, but no money was taken.

chanz4

so take it you havent attempted to contact them to tell them of the error since?

Suffolklad

chanz4 wrote: »

so take it you havent attempted to contact them to tell them of the error since?

What error? They've terminated the agreement, as far as I'm concerned they can't say thats an error.

fozmcfc

Firstly I would get a hold of your credit reports, from both Experian and Equifax and check what is on your credit file.

You are extremely likely to have a default on your credit record and an unsettled one at that or worse still a CCJ issued against you.

If you have either, then you won't be accepted for finance anyway for a new car.

If after you have seen your credit reports, you do have either a default/ccj or both, you are simply going to have to contact them about it if you want to sort out the mess.

If not then I guess it is possible at least for now you have dropped off the radar, but that's not to say you won't suddenly appear on their radar again.

Foggster

The chances are you will be unable to sell the car. It should show on any HPi check that the car has unsettled finance on it and no-one will touch it with a barge pole (or shouldnt).

chanz4

simple, its not your asset to sell

anthonyroberts

I had a car from welcome and the brakes,lights,and engine were faulty , i informed them , but instead of taking it for repair as thats all i wanted, they took it and then told me it was repossesed leaving me with 9,000 to pay, they started ending this one debt collector around who was nasty and whilst i was out had pushed my heavily pregnant wife back into the hallway and told her to stay in there and he slammed the door shut, ill be back for the money tomorrow , luckily we had 5 witnessesd who all came to her need , byt he still came around threatning me and the police did nothing it just got worse, i am now claiming the moey as compensation or i will put this in every national paper i can and the news , welcome are full of rubbish .

Suffolklad wrote: »

I'm hoping maybe someone can give some advice on what to do. In Feb 2008 I purchased a car via Welcome, a joint agreement with my, at the time, partner. A couple of months later we split up and due to money problems, Welcome defaulted us and subsequently in Aug 2008, terminated the account. I still have the car, nearly 3yrs later from termination, and despite one attempt to repossess, have heard nothing from Welcome. I have no contact with my ex partner but I believe she has heard nothing either. Now, what should I do? I'm not in a postion to pay off the finance, original amount £7500, but am surprised to have heard nothing from Welcome regarding the car. Surely I can't have slipped through the net and they've forgotten about me.
The default note they issued is, acording to another site, dodgy, will attach some copies to end of the post, as well as copies of the agreement.
Going on what I have been told, if the default notice is not as it should be, I am only liable for the arrears upto date of termination?
The situation I am in at the moment is that we are in need of a bigger car, but am stuck with this one and no idea as to what to do. Given Welcome's situation at the moment, is it likely that they'll do anything about it?


(Will add attachments as soon as I am able)

anthonyroberts

we had to move
welcome finance ruined our lives, they threatened to hurt us and came around every day, we got to the point where we couldnt go out, he threatened to hurt my pregnant wife and tried to get me to hit him but i am not that stupid, he physically pushed my wife around and pushed me too he also put his hand on my girlfriends face cheek and gave it 2 hard slaps as if to say be worried , i was holdoing my anger in or i would have lost.

anthonyroberts wrote: »

I had a car from welcome and the brakes,lights,and engine were faulty , i informed them , but instead of taking it for repair as thats all i wanted, they took it and then told me it was repossesed leaving me with 9,000 to pay, they started ending this one debt collector around who was nasty and whilst i was out had pushed my heavily pregnant wife back into the hallway and told her to stay in there and he slammed the door shut, ill be back for the money tomorrow , luckily we had 5 witnessesd who all came to her need , byt he still came around threatning me and the police did nothing it just got worse, i am now claiming the moey as compensation or i will put this in every national paper i can and the news , welcome are full of rubbish .

WISEYC

anthonyroberts wrote: »

we had to move
welcome finance ruined our lives, they threatened to hurt us and came around every day, we got to the point where we couldnt go out, he threatened to hurt my pregnant wife and tried to get me to hit him but i am not that stupid, he physically pushed my wife around and pushed me too he also put his hand on my girlfriends face cheek and gave it 2 hard slaps as if to say be worried , i was holdoing my anger in or i would have lost.

Which office did you deal with if you don'tmind me asking? Heard of a few les than tasteful reports about these people