have I think 11k on the finance left. The car was valued at 7900 when I bought it. Now valued at 3k.
Its got a few dents since i bought it and 120k on the clock Its my get to work method too
Luke. For what its worth my IVA was rejected by FGA Capital as well. I have directly tried to negotiate with them but their response was only one their debt was charged onto my property and then they will negotiate what they feel is a reasonable amount for repayment. Hence this has put me somewhat in limbo, and feel like they are playing hard ball with me. If their demands are unreasonable I stand no chance of having an IVA accepted, and Bankruptcy is last resort which I am trying to avoid. I have tried to explain to them by email through their solicitor but they appear to be unwilling to communicate with me at the moment.
Black Horse may not repossess so it could be worth a call to them on a no names basis. You also need to confirm it is actually HP and not an unsecured loan.
Black Horse do not collect cars in either IVAs or bankruptcy, but in the latter process the Trustee does need to agree to the repayments continuing.
Black Horse were also big sellers of PPI, so if you have been sold this type of policy when you neither wanted nor required it, then you may be able to claim compensation.
Its my get to work method too 
