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I am wanting to VT my car finance agreement and am after some advice on what to do first. Should I pay 50% of the agreement figure now and then send letter or email to finance company stating my intentions or get a VT figure from the company first or just send email and letter telling them I would like to VT agreement. Please help as I don't really know what to do for the best outcome
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look at your agreement and where it says TERMINATION YOUR RIGHTS it will show a figure that is the amount that is to be paid. I was a little off my figure so I paid it upto that sum then went ahead with the vt. hope this helps
if you tag rob he is great for advice -
Cheers called company got settlement figure and sent email stating I want to VT with immediate effect so will pay and then cancel DD.they said they will send paperwork out to sign ? send it back then they will collect car do you know if this is rightComment
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Have a read of the VT guide in the link below.
https://legalbeagles.info/forums/for...on-your-rightsIf 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
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