MoneyBarn had problems need advice!

[scubaTed]

We have been paying HP on our car for the last four years,

we are now nearly at the end 1495.00 left.

 

My wife lost her job just before xmas.

The we got behind with our £284.00 payments each month.

We understood the procedure and understood the finance company would terminate our agreement as we had not paid.

 

We were then told we could come to an arrangement to try and catch up on the the missed payment that come to £910.00

agreement was due to come to an end at the end of March anyway!

 

When we tried to do this the finance company said we have applied for court hearing

(we understood they just could not repossess the car without this)

but they said you can set up an agreement which is £596.00 per month for next three months

 

we said okay that is fine we can pay we just needed time.

They said we are going to still get the court hearing date,

but more than likely the court date will come after you have paid the sum agreed.

 

The cour hearing date arrived and it is on the 12th feb!

which is not after all the payments are made!

 

We now are in the position we need to clear the £1495. by the 12th feb with gives us no time at all!

 

we could do it complete strech but we will struggle to live!

 

What do we do,

if this goes to court they tell us we will more than likely lose the car.

 

After paying £14K in total it seems crazy!

 

we may pay nearly all of it say 1200 and let the rest go to court

they will add £150.00 court fees as well which makes the bill £350.00

 

where do we stand with such a small amount like this will they get the car.

 

Do we struggle and pay them

Will they get the car if only a small amount is left

 

Have they done anything wrong by telling us we can come to an agreement then changed their minds

 

Woman said they will be able to repossess the car

and the jugde is likely to grant this action,

 

I thought the court gave you a chance to pay also?

 

Help and advice needed please

 

thanks

[scubaTed]

does anyone know please can the court take the car away or will they give us a chance to pay?

[dx100uk]

they are talking rubbish

 

pay what you can without a struggle

 

the judge will allow you time to pay the rest.

 

what type of agreement do you have please

 

dx