Hello my name is ***** ***** I will help you.
1) Yes. He has no legal interest in the van, it belongs to the HP company
2) The liquidator can't release from the HP, that is only the finance company. Therefore he is better negotiating direct as any shortfall can be claimed otherwise.
3) Finance company as suggested above.
4) It's simply a matter of negotiation. The finance company can either say no, they want the full outstanding balance or may accept a reduced settlement.
Can I clairfy anything for you?