We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Car finance mess
Comments
-
I have had my car repossessed this morning. 3k arrears, nearly 5k to pay in total as the remaining balance.
I understand it goes to auction and I’ll get a bill. Can I just set up a plan to pay this bill or will I end up with a a CCJ?
worried about a CCJ as I’m already trying to remove one at the minute I could do without a second.All this with two demanding three year old kids I can’t cope.0 -
If you go down to the woods today you better not go alone.0
-
Sorry. Someone told me to head over hereGrumpelstiltskin said:0 -
Teaandbiscuits21 said:Hi guys ultimately I left it too late.
car repo guy has been this morn.
he says i have 7 days it goes into storage for then u could potentially get it back? Anyone know how this works before i get in touch
thanks
Presumably if you can come up with the arrears and any storage/collection fees due then you will be able to get the car back?Teaandbiscuits21 said:Hi guys ultimately I left it too late.
car repo guy has been this morn.
he says i have 7 days it goes into storage for then u could potentially get it back? Anyone know how this works before i get in touch
thanks
Why don't you just get in touch though? You keep on dragging your heels and now it's got to this stage.2 -
If you go down to the woods today you better not go alone.0
-
Didn't you just tell her to stick to the one..?Grumpelstiltskin said:
1 -
Apologies I didn’t realise I was doing something wrong. I’m pretty new here.TheAble said:
Didn't you just tell her to stick to the one..?Grumpelstiltskin said:
Cheers.0 -
Ok, that was me.
At the moment you don't know what is owed. It's possible (but unlikely) that you don't owe anything
I assume this was a HP or PCP agreement that you stopped paying. You didn't mention a court process so it must have been early in the term
This guide explains the process
https://nationaldebtline.org/get-information/guides/hire-purchase-debt-ew/
And at the end there is a sample calculation which may not be a lot different from your situation
So when you know how much you owe, post here on dfw. We'll need to know a bit more about your situation - other debts, income, expenditure. There's always a way forward, and you won't necessarily get a ccj.1 -
Threads merged.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards