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T O P I C R E V I E W
xLulzx
Posted - 15 October 2012 : 02:12:19 If you goes Bankrupt do they take things that's on Hire Purchase to sell off to pay the Debts ?
2 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 15 October 2012 : 12:34:32 Hi xLulzx,
The hire purchase company own the goods and you will find that the agreement will be terminated once you are bankrupt, so the company may want to reposses.
Please speak to an expert for debt advice if you haven't done so already.
Posted - 15 October 2012 : 06:26:00 Hi and welcome.
It would really depend upon what it was - the OR is unlikely to take them unless they are valuable but the creditor is within their rights to seize the goods back.
