Finance to seize the carNot to be seized?
Finance to seize the carNot to be confiscated?? Finance can seize the car as promised. But there is a case where the hire purchase can request the court to suspend the seizure of the car If the buyer can clarify to the court that The hire purchase contract is not fair or unlawful. Finance has […]
Finance to seize the carNot to be confiscated??
Finance can seize the car as promised.
But there is a case where the hire purchase can request the court to suspend the seizure of the car
If the buyer can clarify to the court that
The hire purchase contract is not fair or unlawful.
Finance has performed unfair duties or unlawful
The hire purchase is urgent to use the car.
And the seizure of the car will cause great trouble to the hires.buyers can pay the outstanding debt in a short period of time.
The hires have proposed other securities to guarantee the outstanding debt
The hire purchase should proceed as follows
When receiving a notification to pay the outstanding debt
Should contact the finance immediately.To negotiate the relief of debt payment
Or requesting finance to suspend the contract, such as requesting payment in installments
Or request to postpone the debtIf negotiating with the financeTo hurry to submit a petition to the court
To ask the court to order to suspend the car seizureWhich must have evidence of the petition such as
Warning letter to pay the outstanding debtLeaseRevenue display documents
And debt display documentsFor example
while the court is considering the case
The hire purchase must pay the outstanding debt as usual.
If the buyer does not pay the debt according to the court order
The court can issue an arrest warrant and the court may have an order to imprisonment for the hire purchase.