Repossession order for hire purchase car

Budgetpanda

Back in Feb 2015 we got a new car from car craft, for £12,151, £181 for 60 months on hire purchase. money was good, and we were expecting a new baby, our tiny colt was not big enough, I wish we had never done it. Fast forward to last year and my husband started a new career, on minimum wage and I lost my job. We got behind on payments, 4 to be precise. But kept paying when we could. My husband got a pay rise, and we could suddenly pay it again. I told my husband to contact them to sort out repayments and he never did. Then we got a letter saying our contract has been cancelled and they are taking us to court. I told my husband to contact them to discuss repayments. He didn't. So they took us to court. He finally filled in a budget sheet and messed it up, so it looks like we don't make ends meet, so they refused repayments based on that, and got a court ordered repossession. So that's where we are now. If they auction it, they will not make the outstanding debt back. So we will still have to pay it in installments. Yet they won't accept our offer of repayments at previous level of £181. I don't want to lose the vehicle. We have paid it for a long time and I can't afford a new one. I have two young children and a chronic illness. We need a car. I know there has been a huge mess of non communications but my husband is... Well he's Financially dumb, and it's in his name. Is all hope lost?

usefulmale

Dump your husband ASAP. This 'head-in-the-sand' behaviour will be repeated in future and could, one day, be to do with your mortgage.

Budgetpanda

Like we could ever get a mortgage. I'm 35. It's never happening. I'm well aware of his ability to ignore problems. And we've spoken about it many many times over the last 18 years together. I'm usually in charge of finances. But I can't do everything. Plus I wouldn't be much better off as single disabled mother to two young children lol.

usefulmale

Budgetpanda wrote: »

Like we could ever get a mortgage. I'm 35. It's never happening. I'm well aware of his ability to ignore problems. And we've spoken about it many many times over the last 18 years together. I'm usually in charge of finances. But I can't do everything. Plus I wouldn't be much better off as single disabled mother to two young children lol.

I understand but even a tiny little bit better off is still better off.


I've got almost a decade and half on you and I still got a mortgage two years ago on a shared ownership house so don't write that off yet.


Seriously though, although you might love him, think hard about yourself and your children and what is best for you and them in the future.


Good luck.

Arklight

Tbh it doesn't sound like even if there were a chance that the finance company could be talked round, that your husband would really be able to anyway.

As you don't have anything to lose now, you could ask to speak to the case manager and say that if you lose the car you'll (or he'll) have to declare bankruptcy and start again. They won't get anything then. As an alternative you could then offer what would have to be a fairly substantial advance on all your arrears plus the rest of the debt.

If you're disabled do you qualify for a motability vehicle?

Mercdriver

usefulmale wrote: »

I understand but even a tiny little bit better off is still better off.


I've got almost a decade and half on you and I still got a mortgage two years ago on a shared ownership house so don't write that off yet.


Seriously though, although you might love him, think hard about yourself and your children and what is best for you and them in the future.


Good luck.

Seriously - you're giving marital advice to someone you don't know at all, and whose husband you don't know? There's a word for that and that is crazy. Keep your beak out.

[Deleted User]

Mercdriver wrote: »

Seriously - you're giving marital advice to someone you don't know at all, and whose husband you don't know? There's a word for that and that is crazy. Keep your beak out.

If you look up the word ironic in the dictionary, your post comes up.

Mercdriver

camelot1971 wrote: »

If you look up the word ironic in the dictionary, your post comes up.

I'm not the one trying to be Relate.

missile

I find it strange you blame your husband for your situation.

Hopefully he is too busy working to read MSE?

atrixblue.-MFR-.

OP comes on here for advise about a repossession and gets told to divorce her husband essentially C.R.A.Z.Y....


Op if your still reading.... Your husband has made a big mistake in that he has been obstructive in dealing with them when he has made the contact, Trying to pull on the heart strings of the Case manager in my opinion would be a futile exercise as it would be taken as a delaying tactic to the repo order they hear allsorts of excuses.


If you mention your going bankrupt they have a live order now and they will just pick it up and cart it off sooner rather than later before you get the chance to put in the paper work and start a bankruptcy.

debtdebt

Let them take it and spend whatever you have on a banger with the longest MOT you can find.