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T O P I C R E V I E W
cindoboy
Posted - 17 March 2009 : 00:20:09 Thank you to all of you that has helped by answering my questions so far. Just one last question. I had a car on HP and although I was paying little money to creditors due to being redundant and looking for work I still kept up the car payments until 3 moths ago. I needed the car for going to interviews and the odd freelance work I did. Would this be classed as prefering one creditor over an other as I had not paid the full payments to credit cards and loans, although I have not used the credit cards for 2 years? I did this to keep the car.
2 L A T E S T R E P L I E S (Newest First)
cindoboy
Posted - 17 March 2009 : 09:14:39 Thanks for that, I was a little concerned about it.
quote:Originally posted by John
Hi
as the car is on an HP agreement this is therefore a secured borrowing and cannot be classed as preferential.
John White England Jackman & Spacey
John
Posted - 17 March 2009 : 02:37:51 Hi
as the car is on an HP agreement this is therefore a secured borrowing and cannot be classed as preferential.