B
bluloa
Guest
Hi all,
I have a court judgment against me for around €16,000 for a hire purchase agreement.
At the moment I am about to appear in court for a enforcement.
Reviewing my files I have discovered that during my oriogional dispute with the finance company I informed them that i wanted to cancel the vehicle and return it under the half way rule.
At the time the value of the half way rule was € 12,000 and I had paid €7226.00, leaving me with around €5,000 to pay.
The Finance company arranged collection of the vehicle but never again mentioned the cancelation under the half way rule.
Since the case has gone onto full judgment against me and recovery of the remaining finance after the sale of the vehicle which is around €16,000 outstanding.
Now my question is to I have any legal basis to argue that the vehicle should have come under the half way rule and the amount I have outstanding is €5,000?
I have no funds to pay them this €5,000 so It would be enstalments that I would have to pay anyhow so can I seek this as €5,000 is better than €16,000.
Failing that, at the very least I could ask my parents to lend me the €5,000 to meet my requirement under the half way rule.
Please could someone advise me if I have any rights to still claim this half way rule?
I have a court judgment against me for around €16,000 for a hire purchase agreement.
At the moment I am about to appear in court for a enforcement.
Reviewing my files I have discovered that during my oriogional dispute with the finance company I informed them that i wanted to cancel the vehicle and return it under the half way rule.
At the time the value of the half way rule was € 12,000 and I had paid €7226.00, leaving me with around €5,000 to pay.
The Finance company arranged collection of the vehicle but never again mentioned the cancelation under the half way rule.
Since the case has gone onto full judgment against me and recovery of the remaining finance after the sale of the vehicle which is around €16,000 outstanding.
Now my question is to I have any legal basis to argue that the vehicle should have come under the half way rule and the amount I have outstanding is €5,000?
I have no funds to pay them this €5,000 so It would be enstalments that I would have to pay anyhow so can I seek this as €5,000 is better than €16,000.
Failing that, at the very least I could ask my parents to lend me the €5,000 to meet my requirement under the half way rule.
Please could someone advise me if I have any rights to still claim this half way rule?