finance

[reezzy12]

i brought a motorcycle only to find out its still on finance with blackhorse,i paid for the bike with cash and only have a written reciept Where do i stand ??? Is it mine or Blackhorses ????

[buildersmate]

So you didn't think it was worth �25 to HPI it?
Black Horse may want to repossess it and you will have to try and get your money back from the seller.

[kira000]

In other words, unless you can get Blackhorse to agree to let you pay off the outstanding finance, i'm afraid that the bike belongs to them and you have no claim to it.

If you dont want to pay, then all you can do is try resolving with the owner, and then if that fails, depending on the value outstanding, taking the owner to the small claims court.

YOu may find the threat of doing that, might be enough to get them to pay up.