Areas of Law / Bankruptcy Debt

Some time ago I got into financial difficulties and got behind with my payments to a finance company with whom I had an HP agreement. They sent me reminder letters and charged me £15 for each one sent, adding the amount to my outstanding balance. Are they allowed to do this?

You will have to look at the terms of your HP agreement carefully. You may find that you have agreed that the finance company is entitled to charge you for sending out reminders. If the finance company were to apply to the County Court for a repossession order you would probably be responsible for their legal costs too.

Area of law: Bankruptcy Debt

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When I was about to move house I paid a builder a deposit of £2,000 for materials, but a short time later I discovered he had declared himself bankrupt. I know his wife has just come into a large inheritance: they have a number of horses, more than one car and a mobile home, but the builder’s trustee in bankruptcy doesn’t seem to have uncovered any of this.

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Before we met my partners own house was repossessed by the bank. She had so many debts that the sale price failed to cover them. Since that date, about four years ago, the bank has not been in touch. Is there a time limit after which the bank cannot pursue her for the amount she owes them?

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