| T O P I C R E V I E W |
| potless |
Posted - 27 June 2009 : 11:02:09
Hi all. I went BR on the 9th March. I have a car through Black Horse finance which obviously was included in my BR. Ive not paid the monthly payments on the car since January 09 but as yet I have not heard anything from Black Horse. What I want to know is; Will they write to me before coming to collect the car or can they just turn up and tow it away? Any help would be appreciated thanks. |
| 9 L A T E S T R E P L I E S (Newest First) |
| CMJ |
Posted - 27 July 2009 : 20:32:02
HI
We have our car which we need for work on HP, the OR agreed for us to keep the car and had no interest.
The finance company were ok with this we just called them to tell them OR has no interest and they agreed for us to keep the agreement.We just pay as normal, we were allowed this payment within our allowances.
Good Luck |
| debtinfo |
Posted - 24 July 2009 : 15:59:14
Put down the entire joint outgoings plus your individual outgoings. These are for after your bankruptcy so no debt repayments |
| adelebw |
Posted - 24 July 2009 : 15:32:29
On the outgoings part of the SOA are these my current outgoings before BR which is all my payments to mail order, credit cards, loans etc plus housekeping food etc or do I put down my outgoings minus the debt payments. I am really confused with this. If my husband is not declaring bankruptcy do I put down the full amount of the rent or half of it same with the utility bills
|
| debtinfo |
Posted - 24 July 2009 : 12:36:33
In that case the OR would not adopt the agreement (ie the OR would not take it) and so it is between you and the HP company. Some companies alloe payments to continue. some have a no bankruptcy policy |
| adelebw |
Posted - 24 July 2009 : 12:04:06
it is HP, the car was purchaed for 7,500 - 16 months ago the car is worth (according to the parkers web site) between 3 and 4,000 depending where you buy it ie privately or through somewhere like the car people. So the original HP agreement was for approx 11,000 |
| debtinfo |
Posted - 24 July 2009 : 11:08:23
also the value of the car and the finance outstanding |
| debtinfo |
Posted - 24 July 2009 : 11:06:41
Hi it is important at this point to understand if it is a "Loan" or a "HP" agreement as they are treated quite differently. Blackhorse do both and so you need to read the agreement |
| adelebw |
Posted - 24 July 2009 : 10:42:56
Hello,
I have a car with black horse and considering Bankrutcy. Did Black Horse give you the option of carrying on with the Loan?? |
| mitsu8 |
Posted - 27 June 2009 : 21:30:41
hi i had a car that i had not paid for 7 months and they still had not picked it up.they only came when i phoned them to say car was on drive uninsured and a trailer turned up after 4 hrs.that was 3 weeks ago and not heard nothing since.that was with lombard |
