I need to get my life in order!

MobileJim

Hi, I'm not making a recommendation here, but is there any way to get out of the car finance? I'm not familiar with car finance as I have never had finance on a car.

Would it be possible to hand the car back to the finance company? Even if it leaves you with an amount still to pay it might be worth it.

You can get a cheap car on Gumtree for under £1000 (my last 3 cars total under £1000 between them - for 4 years of relatively trouble free motoring)

My daughter just went through a pretty rough breakup so I understand how tough it can be.

Good Luck
Jim

zippygeorgeandben

I paid for 2 coffees in starbucks last week for my friend and I. £6.75! I feel robbed!

phillw

itsallabitmuch wrote: »

P.S. you're right about the engagement ring - it's his it was given in contemplation of marriage, and you didn't get married, so courts see it as a 'broken contact'

If it was bought for you and he didn't say that he wanted it back if the engagement didn't end in a marriage at the point he gave it to you then legally it's yours. Googling finds many law firms giving similar advice.

"So how is it decided? The Law Reform (Miscellaneous Provisions) Act 1970 provides the answer and it is actually relatively straight forward. This legislation states that:

“The gift of an engagement ring shall be presumed to be an absolute gift; this presumption may be rebutted by proving that the ring was given on the condition, express or implied, that it should be returned if the marriage did not take place for any reason.”

Basically, although it can seem unfair, this means that unless there was an agreement to return the engagement ring if the wedding was cancelled then the recipient is under no obligation to return the ring. The courts will generally say there was an implied intention that the ring would be returned if it had particular sentimental value to the person who proposed, for example if it was a family heirloom.

It is however possible to ask the court to adjudicate on the issue if you are not able to agree, although given the high costs of litigation this should always be the last resort."

However if he paid £7000 towards the car and only got the sofa, watch and ring back then I suspect he's still lost out. That doesn't stop you asking nicely for the watch back though.

loey93 wrote: »

He is also keeping hold of an expensive watch of mine that I keep trying to get back from him I don't know how I can get this back.. (Also he took my engagement ring off me but I think this will be classed as his as he brought it)

How expensive is it? Who bought it? Small claims court covers up to £10,000, but the fee varies from £80 to £455 depending on the value being claimed. If he really doesn't want to give it back then that is your cheapest option.

loey93

Hi MobileJim

I'm probably about 1k in negative equity with my car finance so if I handed the car back now I would end up having to pay. I wouldn't mind a second hand car as I only work 3 miles away from where I live so I don't need this flash car. I just think it is a massive waste of money!

loey93

Hi Phillw

I'm not that bothered about the engagement ring anymore .. however the watch I did buy myself with the money I had for my 18th so it is quite sentimental. It cost about £600.00 if I remember rightly. I will have to get it contact with him again and ask him very nicely for it back!

wjr4

I just wanted to join in and say good luck!! Have you tried doing other things to make additional income? I've recently started doing surveys and I never believed it before but it actually pays quite well! (see 'boost your income' board). Other than that, you will be debt-free in no time - I look forward to watching your journey

loey93

Hi rjw4

Thank you

I was thinking about maybe applying for a second job in a bar/restaurant and earning an additional income that way.. to help me pay off pay my debts off quicker and save! I will have a look at doing the surveys though that sounds good!