2006-09-02 08:08:41 · 23 answers · asked by NIGEL C 1 in Business & Finance ➔ Personal Finance
if you dont pay the hire purchase on a car there are a few things that can happen but they all lead to the same thing...you get letters from the company,,then you probably get a court order...you get a visit from the bailiffs.(not to be messed with)..if you cant pay the hp on the car then ask them to take the car back before you get to any of the above actions..no matter what you will have the car taken from you and if the car sells less than you owe then you will be forced to pay the shortfall
2006-09-02 23:14:31 · answer #1 · answered by doreen c 2 · 1⤊ 0⤋
A lot depends on how much term is left on the hire purchase but usually the car company will send someone to re-possess the car and you will still be taken to court for the amount owing plus court costs. If your having problems with your payments call the car company and they will probably be able to come to some sort of an alternative payment arrangement with you. They will gladly work with you as opposed to taking matters to court.
2006-09-02 15:28:56 · answer #2 · answered by shanie_shaw 2 · 0⤊ 0⤋
HP company take the car and you to court
2006-09-02 17:01:32 · answer #3 · answered by dollysdress 3 · 0⤊ 0⤋
The HP company will send a couple of heavies around to get you to change your mind. I know it happened to me in Jo'burg in 2000.
2006-09-02 15:33:35 · answer #4 · answered by Pretorian 5 · 0⤊ 0⤋
They take the car off you.
And for the inconvenience you have caused, they take u to court so you still have to pay for the thing, and charge you the court costs!!!
i know from experience, but dont make it easy for them.......lol
2006-09-02 15:18:59 · answer #5 · answered by xx_debbi_xx 3 · 0⤊ 0⤋
Some large men come around and ask for the keys to the car and if you say no they ask you if you like hospital food.
2006-09-02 15:12:13 · answer #6 · answered by ♣ My Brainhurts ♣ 5 · 0⤊ 0⤋
If you do not want to pay, you have to run away without leaving a forwarding address, change your name and live like an illegal immigrant.
2006-09-02 22:31:55 · answer #7 · answered by Anonymous · 0⤊ 0⤋
they'll repossess your car, if the value of the car doesn't pay off your debt they'll come after you for the remaining balance, and it'll ruin your credit history.
2006-09-02 20:08:22 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You go to court and no car
2006-09-02 15:10:33 · answer #9 · answered by Anonymous · 0⤊ 0⤋
1 no car
2 court proceedings
3 hard if not impossible to get credit in the future
2006-09-02 15:17:04 · answer #10 · answered by KEITH M 2 · 0⤊ 0⤋