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Car recently repo'd by Welcome Finance...any advice gratefully received!


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MONEYMELTDOWN

XXXX

XXXX

WELCOME FINANCIAL SERVICES

COMPLIANCE

RUDDINGTON FIELDS BUSINESS PARK

RUDDINGTON

NOTTINGHAM

NG11 6NZ

DATE

 

AGREEMENT NUMBER

 

DEAR SIR/MADAM

 

LAST MONTH MY VEHICLE WAS REPOSESSED BY XYX ON THE INSTRUCTIONS OF WELCOME FINANCIAL SERVICES.

 

AS YOU ARE NO DOUBT AWARE I HAVE PAID MORE THAN A THIRD OFF THIS AGREEMENT AND WELCOME FINANCIAL SERVICES WOULD NEED A COUNTY COURT ORDER TO REPOSESS.

 

EVEN WITH A COURT ORDER, ONLY A COUNTY COURT BALIFF CAN EXECUTE THE REPOSESSION WARRANT.

 

I MUST INFORM YOU THAT YOUR ACTIONS IN THIS MATTER HAS RESULTED IN

 

1/ A BREACH OF S.90 OF THE CONSUMER CREDIT ACT 1974

2/ THE AGREEMENT AS SUCH IS NOW TERMINATED

3/ I AM RELEASED FROM ALL LIABILITY

4/ I AM NOW ENTITLED TO ALL SUMS RETURNED THAT HAVE BEEN PAID UNDER THIS AGREEMENT

5/ INTEREST OF SAID SUMS AT 8 % PER ANUM

 

WELCOME FINANCIAL SERVICES HAS FAILED TO ISSUE A DEFAULT AND TERMINATION NOTICE ON THIS ACCOUNT THAT NEEDS TO COMPLY WITH THE DEFAULT AND TERMINATION REGULATIONS

 

Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983 (SI 1983/1561

It is now my contention to issue a claim through my local county court for the return of all payments made under this agreement, with costs and damages.

 

Under the circumstances, unjust enrichment does not apply.

 

I ask that you take this letter as a letter before action and i require a reply to my concerns within fourteen days.

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moneymeltdown

 

thats confirms it

 

i now need you to work out all the repayments that you have made

 

we can get a full transaction history from welcome so no worries

 

start planning your hols in barbados

 

its in the bag

 

ill have that letter finished by morning

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