Bill of sale with the funding corp

[jontycrook]

Hi all

 

I made the obvious ( now ) mistake of advising the funding corporation that due to relationship breakdown i will be going bankrupt.

 

They have now hounded me non stop for repo of my car.

 

I have read with great interest all the posts on here and a lot of help has been gained. I

 

am now in need of specific help/advice.

 

Around two years ago i missed a payment and at the time they agreed to add it to the end of my agreement,

they are now citing this as the reason that they are going to repo the car.

 

I have a man from the funding corp ( or at leat i say he is, he states he works for separate company who liase with the police relating to cars on finance being stolen ).

 

To be honest part of me wants to just hold my hands up and give up

but after reading posts on here part of me feels why should i when they have been nothing but a nigtmare for me from start to finish.

 

The car was sold to me on a bill of sale with a credit agreement that states is regulated by the CCA 1974.

 

This man is wanting me to tell him where the car is so he can collect it kind of now.

 

Is it correct he has to have a stamped copy of the bill of sale to do this??

 

And also i read with interet about where a car can be repossesed from,

can it be from a private work car park??

 

Any help greatfully received

[dx100uk]

wheres the court stamp on that bill of sale?

 

I cant see one!!

 

must be stamped to be legal.

 

contact the court and ask if its been registered

 

if its not

 

then tough they cant take the car.

 

and no he cannot repo from PRIVATE LAND/ROAD.

 

dx

[renegadeimp]

Dx is spot on as usual. Get on to the court. If they take it and the bill isnt registered, then you can get them for theft.

[dx100uk]

No logbook loan repossessions are not always legal,

if linked to a CCA agreement or if the BOS has not been registered with the high court.

If BOS registered then yes they can reposses, but have to show registration and debt details.

If linked to a CCA then can not reposses if on private property without a court order ( but can if on public road and under a third has only been paid ).

Over a third, they need a court order wherever it is.

020 7947 7772

QBEnforcement@hmcts.gsi.g ov.uk.

QB Enforcement Section, Room E15-E17, Royal Courts of Justice, Strand, London, WC2A 2LL.

is the number to ring and check if your BoS has been registered.

many many are not!

dx

[jontycrook]

Hi allThanks so very much for your help. Think my next step is to make sure BOS is registered. Oh and i am guessing it is linked to a CCA as it states so and i do have a credit agreement with them and also there is more than a third paid.Again thanks so much for your time in replying to me.J

[Peterbard]

Hi allThanks so very much for your help. Think my next step is to make sure BOS is registered. Oh and i am guessing it is linked to a CCA as it states so and i do have a credit agreement with them and also there is more than a third paid.Again thanks so much for your time in replying to me.J

 

I am afraid that the third rule does not apply apply to BOS agreements, they will seize the car under any of the five causes named in the 1882 act, if payments or missed or there are bankruptcy issues, although they do have to issue a default notice.

 

Also as said they cannot enter private land without a court order.