left to pay for a car i have never owned.

Tixy

vitaminv wrote: »

because i'm a student and everything, how would i go about something like an ivf or bankruptcy or something? i still have my own bills to pay and even with uni and a job i couldn't raise enough to pay it off anytime soon.

I would suggest speaking to one of the debt advice charities for how to deal with this. You have just mentioned that you have been taken to court for this debt. So presumably you have a CCJ against you? what is the date of the CCJ?
How much is owed currently?

An IVA would not be suitable for this debt and your situation, as a student you would not be able to afford payments to the IVA.

vitaminv wrote: »

i'm going to ask my sister to get a loan to clear the balance. my sister deals with my mums money.. sorts her bills out, pays things online, that sort of thing so she would get it back no problem. i hope she agrees.

As others have said, bad idea. The debt already has already been to court, you will be able to negotiate to be able to make repayments at a rate you can afford.
Speak to one of these places - IMPORTANT - Where to seek professional impartial advice about your debts. I'd recommend national debtline from that list.

adouglasmhor

pvt wrote: »

You said your Mum sold the car for a lot less than it was worth. This was probably because the person who bought it knew there was a loan secured against it and expected the finance company to catch up with them and ask for it to be paid.

They probably can't believe their luck that that hasn't happened.

Someone could have bought it to take abroad, Ireland and Cyprus have a few cars like that, good luck to a finance company tracing them.
A mate bought a bike like that when we were in the forces, used his old unit address, about 2 months later his unit went to Germany and he put it onto forces plates, then when he was posted to Northern Ireland onto NI plates, when he went home to England go to uni he kept the NI registration. He’s a police sergeant now.

Mojisola

Marshmallow82 wrote: »

Oh your sister deals with your mum's money? Get sis to pay the debt from Mum's account

Your sister could get into trouble if she did this. On paper, it would look as if she was paying off your debt with your mother's money.

Unless she has your mother's agreement - in writing or, at the very least, in front of several witnesses - it could end up making things worse.

Tixy

Is isn't clear that the finance company did not recover the vehicle.

If the loan was secured on the vehicle then they may very well have tracked down and repossessed the vehicle. There would still very likely have been a debt left to repay.

The OP hasn't mentioned how much the debt is for, its always so much harder for people to get the best advise when they don't provide all the details that could be relevant (such as the court action not mentioned until post #26).

moongarden

If you paid for the car it belongs to you regardless of who the registered keeper was. Your mother has sold something which did not belong to her and which she had no legal right to sell.

I would seek advice from a solicitor or the citizens advice bureau - I presume you can prove that you bought the car etc as you will have some paperwork?

moongarden

Really really don't tie yourself in any financial way to any member of your family - getting your sister to get a loan.

It sounds like your mum, for whatever reason, isn't any good at managing her finances and personal admin. From some of the comments you have made on this thread I would also say that possibly you haven't had a good financial role model there and haven't had a lot of financial education. You now have the opportunity via this forum to spend 15 minutes here and there learning to manage your own finances well with the support of people here.

Look past the odd negative comment and consider the advice thoroughly. As you are an independent adult you are going to be steering your own ship from now on, not led onto the rocks by someone elses mistakes.

BillJones

moongarden wrote: »

If you paid for the car it belongs to you regardless of who the registered keeper was.

Why would you think this? I bought my brother a car last year. I paid, but I'm neither the owner nor the keeper.

People buy all sorts of things for other people, I'm surprised you've not heard of it. Lots of it goes on each December, for example, or on birthdays.

ilikewatch

BillJones wrote: »

Why would you think this? I bought my brother a car last year. I paid, but I'm neither the owner nor the keeper.

People buy all sorts of things for other people, I'm surprised you've not heard of it. Lots of it goes on each December, for example, or on birthdays.

Normally when someone gives you something on a birthday or at Christmas it is a gift, and as such you don't agree to pay them back for it in installments...

Foxy-Stoat_3

BillJones wrote: »

Why would you think this? I bought my brother a car last year. I paid, but I'm neither the owner nor the keeper.

If the receipt was made out to your Brother then you are correct, he would be the legal owner.

The OP signed a credit agreement so legally the car was theirs but the OP's Mother sold it for a fraction of the cost and kept the money.

Shame over half a decade has past since all this happened as a call to the Police would of helped focus the Mother's mind a little.

BillJones

ilikewatch wrote: »

Normally when someone gives you something on a birthday or at Christmas it is a gift, and as such you don't agree to pay them back for it in installments...

This is true, but is also irrelevant to the point that I was responding to. It is not correct to say that the person who paid for the car is necessarily the one who owns it.