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It depends on their terms and conditions and whether they have added any charges to the sum. It could also include legal costs. They could obtain a CCJ against you (county court judgment) and then enforce it.
How have they left it with you?
They'd have to get a court order first before they can apply for an attachment of earnings order. They can't do that before they take this to court
No it isn't but it's a loan agreement in effect with penalties if a customer defaults. They sell the car off at auction usually and nearly always they make a loss on the car so pass on the end result to the customer
Yes that's correct - it cannot be applied for if the borrower is in the armed forces or self-employed (or if the borrower is a company). So they would have to look at other options - not easy for them in my view.
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