Chat & Social > The Bar - General Chat

repo of car

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murph:
Only the HP company's until you have paid 2/3rds then your rights then change, (allegedly)

I'm sure some one say this is wrong!!!

but it is what happended to a mate of mine, they came to repo his car a few weeks ago and he challanged them on it via prior knowledge for CAB and they left the car and rescheduled his payments to what he could afford.

xmob:
Once 50% has been paid, car can be returned to HP company with no further payments due.
Once 66% has been paid, car cannot be repossed, but is still property of HP company.

muddyweb:
It's worth adding that the man with the car has committed fraud too.

Since he has declared something that is untrue in order to profit financially.

wing nut:
i was fortunate to get mine given to me ,but i was able to give them a lot details regarding the chap i bought it off :ie address work adverts for the car reciept etc . i think they had been looking for him for a while and didnt seem bothered with me that much, even though he only made one payment :roll:  :lol:

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