Hi Folks,
Long story short but I missed 3 payments on my car (I lost my job) the agreement with the finance company was terminated and they wanted the balance in full (I couldn't afford to pay it in full).
The car was repossessed (I agreed to this and met them to take it away).
The car went to auction and sold for more than £10k than what the outstanding debt/balance was.
How do i stand with this?
The company are saying that they are entitled to keep all the money even though they have been overpaid by over £10k on the figures they sent me via their solicitor and the court letters before the car went to auction.
Any help would be great.
Long story short but I missed 3 payments on my car (I lost my job) the agreement with the finance company was terminated and they wanted the balance in full (I couldn't afford to pay it in full).
The car was repossessed (I agreed to this and met them to take it away).
The car went to auction and sold for more than £10k than what the outstanding debt/balance was.
How do i stand with this?
The company are saying that they are entitled to keep all the money even though they have been overpaid by over £10k on the figures they sent me via their solicitor and the court letters before the car went to auction.
Any help would be great.