welcome finance

[foreb4]

ive just heard that welcome car finance have just gone bust is this true?if so what will happen to the car i have on a hp agrement?i was thinking of giving back anyway as ive already paid over half

[chas2008]

didnt that company appear out of the ashes of yes car finance which also went bust ?

[Whickerman]

in any case you can't just hand your car back - you're liable for the debt.

[foreb4]

thanks wicker man but i was already in talks with welcome about giving it back as it was an HP aggrement and i had already paid over what i had needed to in acurding to my aggrement to give it back but since then i cannt get hold of them theryre not returning any emails letters etc

[dzug]

Well the car will belong to whoever buys welcome's loan portfolio or winds up the company.

That does leave you with a (hopefully) short term problem while that's sorted out.