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HP finance. Car value 4.5k. outstanding credit 10k. now redundant. How do I hand back car with this differenc?
I have HP Finance on a car, current value is approx £4500. Outstanding finance is approx £10,000. How can I hand car back with this outstanding amount? Would they take the car as part payment and then have outstanding debt of the other part? Do I have any legal rights as I have been made redundant recently?
