Advice please

[Cougar]

Hi

 

I have HP on car over 60 months have made 20 payments missed 2 then made another totalling 21 payments. I made an offer to pay missed payments over 6 months this was rejected.

 

Received a termination of contract!

 

I want to resolve issue but finance company seem unwilling to help.

 

If 1/3 is paid then they need court order for repossession – Correct?

 

What is 1/3 equal too, the price of the car or the full loan agreement with interest and does the trade-in deposit count?

 

Understand I can do a time order if 1/3 or more is paid?

 

Thanks in advance

Ps forgot to mention lost agreement (Will be requesting a copy)

[Cougar]

Got court papers how do I proceed?

 

Obviously I owe the amount they say I do, do I put whole amount or arrearsin liability part of form N9C?

 

How do I proceed from here?

 

I have tried to resolve this they’re unwilling to take any offer, their wayor no way.

 

Case is set for end of April and I will be able to pay 2/3 of arrears end ofMarch (just been issued bonus at work payable end of March) do I try to paythis before hearing or not?

 

Please help

[Gaston Grimsdyke]

Yes pay what you can before the hearing. Make an offer on the admission form that came with the claim form of instalment payments (for the whole balance). In all likelihood the finance co will accept your offer and the court will make a suspended return of goods order (i.e. you can keep the car as long as you make the payments). If they don't, then you will have no difficulty persuading the court to make a suspended order anyway if the arrears at the date of the hearing are only minimal.