Car finance company gone bust

terley

So back in 2011 I took out a finance on a 56 reg ford fiesta with Car-craft. The total cost would be split over two company's Moto-novo finance and All in one finance.

The moto-novo policy was roughly 80-90% of the total finance and the rest was All in one.

After a few months for whatever reason i had stopped paying all in one finance. I had tried to set-up a direct debit with them but they were unable to set one up over the phone as they didn't have the ability to do that, Instead they insisted on sending a direct debit mandate out. I never received this and ive not received a letter from the company or any contact now for about 2 years.

Knowing that i am now coming towards the end of my finance agreement and my car insurance is due for renewal (and being 26 now) ive thought about upgrading my car..

I goggled all in one finance and car-craft only to find out that car-craft had gone into administration and that all in one finance was a branch of car-craft.. They now dont have a website.

I wanted to pay-back whatever money was owed on the finance agreement to them as im still paying off moto-novo, But im unsure how to contact them.. I dont want it to go against me. Until now there is no sign of them on my credit record, Only the £1800 left on the policy with moto novo.

Any recommendations would be kindly received.

sourcrates

terley wrote: »

So back in 2011 I took out a finance on a 56 reg ford fiesta with Car-craft. The total cost would be split over two company's Moto-novo finance and All in one finance.

The moto-novo policy was roughly 80-90% of the total finance and the rest was All in one.

After a few months for whatever reason i had stopped paying all in one finance. I had tried to set-up a direct debit with them but they were unable to set one up over the phone as they didn't have the ability to do that, Instead they insisted on sending a direct debit mandate out. I never received this and ive not received a letter from the company or any contact now for about 2 years.

Knowing that i am now coming towards the end of my finance agreement and my car insurance is due for renewal (and being 26 now) ive thought about upgrading my car..

I goggled all in one finance and car-craft only to find out that car-craft had gone into administration and that all in one finance was a branch of car-craft.. They now dont have a website.

I wanted to pay-back whatever money was owed on the finance agreement to them as im still paying off moto-novo, But im unsure how to contact them.. I dont want it to go against me. Until now there is no sign of them on my credit record, Only the £1800 left on the policy with moto novo.

Any recommendations would be kindly received.

Seems you will be contacted in due course, chances are your debt will be sold to a DCA, that's what usually happens.


Info here :


https://www.carcraft.co.uk/

terley

Thank you, I have now emailed them asking for them to contact me regarding my policy. I have provided them with my agreement number and contact information. Here's hoping they respond quickly.