I BOUGHT A 1998 VAN FOR 3,800.00 POUNDS LAST JULY 03.A FINANCE COMPANY HAS WRITTEN TO ME RECENTLY STATING THAT THE VAN BELONGED TO A COMPANY THAT HAS WENT BANKRUPT AND THAT THE FINANCE STILL OWN THE VAN.I AM THE THIRD OWNER SINCE THIS COMPANY SOLD IT AND HAVE THE ADVERT IN WHICH I SAW THE VAN AND 2 WITNESS'S WITH MYSELF WHEN BUYING IT.I ALSO HAVE THE NAME'S OFF THE OTHER 2 OWNERS.PLEASE COULD YOU ADVISE ME ON ANY RIGHT'S THAT I HAVE AND IF THEY GO TO LIFT THE VAN AND I RESIST WHAT WOULD HAPPEN AS THIS VEHICLE IS NEEDED FOR MY BUSINESS. THANK YOU G. GRAHAM.

-- GARY GRAHAM (garygraham@fsmail.net), February 23, 2004

Answers

You wil have to hand the van back. If you don't (or you don't settle the matter with a payment to the Finance Co.) they will obtain a court order - if you stil don't hand it back, you will be in contempt of court and could face jail or forcible seizure.

You should have had the vehicle HP checked before you bought it.

As it stands, you lose the van (or have to settle the HP on it) and you can then claim your money back off the person who sold it to you who can then claim it back off the person who sold it them etc.

Hope the man who sold it you is a solvent chappie, and not a man of straw!!!!!!!

-- David J. Button (davidjohnbutton@supanet.com), February 24, 2004.