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Car finance company terminated contract. They taking car away. What to do?

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  • Car finance company terminated contract. They taking car away. What to do?

    Hi. My finance company taking car away for delay on payment. They saying im rensponssible for outstanding anywhere. Please help with advice.
    Tags: None

  • #2
    I'm afraid your going to get no help with a one-liner like that.

    You need to give us the background with sufficient detail so we can assist.

    Why the delay on payment? Did you notify them?
    Did they serve a default notice on you?
    Have you paid 1/3 of the total price payable under the agreement?
    Have they physically taken the car or are they threatening to?
    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.

    Comment


    • #3
      Many thanks to get back.
      payment plan was set up few weeks ago. I made payment not I full , about 70% of agreed payment plan.
      as my wages been delayed by employer.
      I made payment if avaible money, and just been planning to pay rest soon I can.
      finance company called and saying, that terminate contract as payment plan been following by me.
      at the moment I pay very near of 50% mark.
      Company asking me to sign vs on collection moment.
      Please help with advise

      Comment


      • #4
        They also saying if I refuse give car back amouth will be increased due court cost.

        do I have to pay full outstanding if they collect car?

        Comment


        • #5
          When did they call you to tell you the contract has been terminated?

          The key question is did you receive a default notice prior to entering into an payment plan with them? A default notice says you must pay X by Y date or the agreement will terminate.
          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
          - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
          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.

          Comment


          • #6
            Hi looking for some help on the termination of my vehicle by the finance company I missed a couple of payments a few months ago I agreed to pay 100 extra along with the 657 I pay monthly but have Ben able to pay the extra but still payed 657 per month can someone advise thanks

            Comment

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