Bought a car brand new in 2004. Paid it each month till late 2006 when lost job and have never paid anything since. Still have car but it is not drivable. The finance company have only contacted me twice in relation to the car, once in 2007 and once last year asking for a financial statement which I sent them. have heard nothing since. Any idea what will happen with this? I am pretty sure the debt cannot be written off and the car is worth nothing now but I have a mortgage and wonder can anything happen with that?
I have the same scenario with an old credit card.
I have the same scenario with an old credit card.