I have a vehicle that is currently being met each month with reduced payments that have been agreed to by the bank. Unfortunately I missed a recent payment and I was issued with a hire purchase agreement termination notice.
Would anybody be able to tell me what happens next please?
When did you take out the agreement, opening balance, how much paid off it, was the HP formally restructured, ie did you sign a new agreement, value of car now, how much original repayment, restructured repayment?