Common Hire-Purchase & Finance Issues

• Sued for 'Deficiency Balance'
  When a repossessed vehicle is auctioned for less than the outstanding debt, finance companies often sue for the remaining balance plus exorbitant fees.
• Unlawful Vehicle Repossession
  Repossessing a vehicle before the lessee is 3 consecutive months in arrears, or without a proper 30-day advance notice, constituting a legal breach.
• Guarantors Being Sued
  Finance companies suing guarantors alongside the lessee, forcing them to bear the debt of a vehicle they do not use.
• Criminal Charges for Embezzlement
  If a lessee sells, pawns, or transfers the vehicle without permission and the finance company cannot recover it, the lessee may face criminal embezzlement charges carrying prison time.
• Excessive Collection Fees and Interest
  Being charged field collection fees or default interest rates that violate consumer protection laws.

Legal Solutions and Services

Whether you are facing threats of repossession or have already received a court summons, our lawyers can help find solutions and reduce your debt burden through:

• 1.Defending Against Deficiency Claims
  Lawyers will scrutinize the auction process for fairness. If the vehicle was sold at an unreasonably low price, we can argue in court to significantly reduce or dismiss the deficiency claim.
• 2.Strategic Vehicle Return to Clear Debt
  If you can no longer afford payments (and are not yet 3 months in default), we can guide the legal handover of the vehicle to prevent the finance company from suing for the deficiency balance later.
• 3.Countersuing for Unlawful Repossession
  If the finance company repossesses the vehicle arbitrarily, uses threats, or trespasses, our lawyers can file a countersuit for damages.
• 4.Protecting Guarantor Rights
  Verifying if the guarantee contract complies with new laws and utilizing legal defenses to release or minimize the guarantor's liability.
• 5.Defense in Criminal Embezzlement Cases
  In criminal cases involving pawned vehicles, we negotiate settlements with the finance company to withdraw the complaint, as this is a compoundable offense.
• 6.Debt Restructuring Negotiation
  Acting as your representative to negotiate extended payment terms, reduced installments, or waived penalty fees so you can keep your vehicle.