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Hi all.
After some advice/information on what is actually likely to happen next as its all gone quiet.
Car Finance taken out in 2021 but due to financial issues, I was unable to meet my monthly obligations for a period and thus the contract was ultimately terminated by the Finance company who have since confirmed they will not be repossing the vehicle. I'm guessing due to value vs amount outstanding.
Naturally there is still a sum owing on the vehicle but I have not heard anything back from the Finance company since apart from Notice of Default.
Can I please ask the experts on here what I can expect to (legally) happen next?
Thank you
After some advice/information on what is actually likely to happen next as its all gone quiet.
Car Finance taken out in 2021 but due to financial issues, I was unable to meet my monthly obligations for a period and thus the contract was ultimately terminated by the Finance company who have since confirmed they will not be repossing the vehicle. I'm guessing due to value vs amount outstanding.
Naturally there is still a sum owing on the vehicle but I have not heard anything back from the Finance company since apart from Notice of Default.
Can I please ask the experts on here what I can expect to (legally) happen next?
Thank you
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