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Guarantor Voluntary Termination

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  • Guarantor Voluntary Termination

    R0b*I'm wondering if you could help provide my mum with some advice.*
    She is guarantor on a finance agreement with money barn.* She doesn't drive and stood guarantor on her long term partners finance.**
    They have split up and he has kept the car and threatening to stop paying, drop it on her doorstep.* Basically just taunting her with this final hold he has on her.*
    I have done a voluntary termination before with Advantage Finance and had no issues at all from start to finish using your template letters (thankyou!).*
    Would my mum as a guarantor be able to envoke the right to terminate given the situation?* Would it need a double signature or can she just terminate her responsibility and then her ex take it over?
    I have no idea where she stands with this so id appreciate any help you guys can offer.*
    Thank you
    Kelly
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