Debt Questions

Just a quick question, my wife is due to go BR in September she has a car on finance which is in negative equity. We want to surrender the car back to the finance company, probably a daft question but how do we do this?? Do we take it to them, do they come and get it or do we wait for them to knock on the door???

I rang them up and told them that I was going bankrupt and would not be able to keep the car and asked them to come and get it. It was quite funny in a way, cos they said they would not be able to come and collect it until the OR notified them so I used it for about 4 months for free! I stopped paying them and expected them to come for it ASAP but they didn't. Hubby's car was with the same company and they took even longer so then I drove that car too for free!

When they did eventually come for it, they arrived with a truck and loaded it on, I did not have to take it anywhere

i've known clients stop payments to the finance company and wait for them to take action. why should you deal with it?

include details of the car and the finance company in the bankruptcy application forms and let the OR deal with it