After a quck bit of general advice here - hopefully someone can help.
Basically, the question is - why are they chasing me for this debt?
Quick synopsis -
Blackhorse PCP car agreement that ended back in 2006. I handed back car and had paid the required amount to terminate agreement. End of story...
December 2011 get a call from Lowell debt collection folks saying they had taken over the case and I owed 1700 quid outstanding on this agreement.
Checked everything over, and I had made all payments required back in 2006, inc final payment to take to ensure 50% of PCP paid. This they confirmed.
So I asked why I had to pay and what the moeny was for.
It appears in the statement, that they sent of the account with Blackhorse, that after completing transaction with me, Blackhorse sold the car 5 months later, got less than they expected for it. They then waited 5 years and sold this debt to Lowells who are hounding me for the cash.
Eh? That doesn't seem right at all.
My agreement states once I pay X and hand back the motor, it's done. WTF are they chasing me for? Am I liable? It was 5.5 yrs ago FFS!
Anyone shed any light?