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An old debt does not disappear

Your old debt has been purchased by another finance company and you’ve signed a new loan contract. Can the new finance company repossess your goods?

Accumulated loan arrears

In 2005 Kathleen borrowed $4400 from a finance company, All Rights Reserved (ARR), to buy a car.

Accumulated loan arrears

In 2005 Kathleen borrowed $4400 from a finance company, All Rights Reserved (ARR), to buy a car.

Repossession Stress

Finance company wrongfully threatened to repossess property causing inconvenience, hardship and distress.

Keep calm and cool off

Jimmy arranged finance to buy a TV. When Jimmy said he wanted to cancel the contract the as told a $280 cancellation fee would apply. Jimmy said the fee was not disclosed to him.