Funding Corparation & ACF

[tonycard]

but shouldnt it be clearer? how many people wil be able to minus 1500 from the total amount on trade premises, any way I will now show how it impacts

[tonycard]

[tonycard]

[tonycard]

the vehicle was repossessd using these figures on d/n and t/n.

 

if the actual figure she was to pay back was £16,868 80 and she had paid £8,224.52 the money she owes is £8.644.28 not whats on the tn

the d/n states total amount payable under the agreement as £18,643.80 I assume this includes charges as is different from credit agreement but there is no mention of removal of the deposit

[ims21]

Total payable under the agreement = £18643.80 less payments made (if their figure is correct) £8,224.52 = £10,419.28 per the termination notice.

[tonycard]

When does the deposit she paid get taken off( this was for her car),this is where I `m confused if she meets all payments

[ims21]

You need to establish what that £8,224.52 is made up of.

 

Got any statements?

 

Have you sent a SAR to the finace company?

[Guest]

.....

default sent 13th feb remedy by march 1st termination notice 3rd march pretty quick hey

 

unless shown otherwise, deemed served 2 working days =15th, 14 days = 29th. so, would be ok re the 14 days.

 

the dn regs

Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983.pdf‎

Edited September 30, 2012 by Ford

[Guest]

the dn regs

Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983.pdf‎

[Guest]

..

Have you sent a SAR to the finace company?

 

apparently so, see here http://www.consumeractiongroup.co.uk/forum/showthread.php?366196-What-does-she-owe

[ims21]

Two threads on the same issued have been merged.

[robcag]

LOL not really, but another issue is they sent the default notice after 1 missed payment (served under section 87(1) of the cca 1974

default sent 13th feb remedy by march 1st termination notice 3rd march pretty quick hey

 

What year (so I can check dates on calendar)? If this year the dates would be OK (unless sent 2nd. class post), but if it was a different year they may not be OK.

 

Rob

[Guest]

What year (so I can check dates on calendar)? If this year the dates would be OK (unless sent 2nd. class post), but if it was a different year they may not be OK.

 

Rob

 

this year , see http://www.consumeractiongroup.co.uk/forum/showthread.php?366196-What-does-she-owe

[robcag]

this year , see http://www.consumeractiongroup.co.uk/forum/showthread.php?366196-What-does-she-owe

 

Thanks Ford, so the DN was OK, service and rectification time allowed as you said above .... unless they sent it 2nd class ....

 

Rob

[Guest]

dn though could be missing required statement(s) re HP/conditional sale? what do you think?

this thread needs to be read with that above #12

Edited September 30, 2012 by Ford

[tonycard]

will wait for the sar do beleive I`m beging to understand now, the most payment we could have made is 26 =£7,130 plus £1500 subtract this from the18k

 

thanks ims

stil feel its abit strong to default after 1 missed payments though.

 

And I did warn you I was thick

[Guest]

7k credit, 19k payable!! criminal.

tony, see also your dn thread. is this hire purchase?

[tonycard]

No ford its a credit agreement secured by wa y of bill of sale,

[Guest]

ok, is not hp

conditional sale agreement?

Edited September 30, 2012 by Ford

[Guest]

ok

conditional sale agreement?

[tonycard]

Thats another thing I,m not sure of, I have posted up the agreement that is a query I had see post 12

[Guest]

looks like one? as they are looking to 'recover' the car!

[tonycard]

cars gone repoed under the bill of sale

[Guest]

ok

seems like was a cond sale, in which case approp statement should've been in dn?

[tonycard]

I `ve read somewhere there are 5 main headins hp, fixed sum,conditinal, and 2 more ,if your regulated agreement doesnt come in this group then there should be some sort of discription cant find where I READ IT DOH