First steps to voluntary termination

Hifiboy

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Joined: Dec 2018

Posts: 2
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#1

First steps to voluntary termination

3rd June 2019, 12:05:PM

Hello all .
I have read a lot about VT cars but I havent come across any questions regarding if you have had a guarantor sign when I had finance.
I'm looking at sending my car back now through VT.i had a guarantor when I purchased the car.my issue is if the finance company start playing games and I am forced to cancel my DD will they or can they go to my guarantor and get the money off them.
Thanks in advance

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R0b

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Joined: Sep 2015

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#2

3rd June 2019, 12:26:PM

Potentially, yes. You will need to check the terms of your contract and it will set out when the guarantor is discharged from its obligation to pay.

If you have a question about the voluntary termination process, please read this guide first, as it should have all the answers you need. Please do not hijack another person's thread as I will not respond to you
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LEGAL DISCLAIMER
Please be aware that this is a public forum and is therefore accessible to anyone. The content I post on this forum is not intended to be legal advice nor does it establish any client-lawyer type relationship between you and me. Therefore any use of my content is at your own risk and I cannot be held responsible in any way. It is always recommended that you seek independent legal advice.
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First steps to voluntary termination

First steps to voluntary termination

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