SV650.org - SV650 & Gladius 650 Forum



Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick).
There's also a "U" rating so please respect this. Newbies can also say "hello" here too.

Reply
 
Thread Tools
Old 11-03-07, 10:53 AM   #1
viner1920
Guest
 
Posts: n/a
Default One for the legal beagles

Legally if goods are obtained with a "personal loan", can those goods be sold before the term of the loan is run?
Thanks
  Reply With Quote
Old 11-03-07, 10:57 AM   #2
timwilky
Member
Mega Poster
 
timwilky's Avatar
 
Join Date: Mar 2004
Location: Not in Yorkshire. (Thank God)
Posts: 4,116
Default Re: One for the legal beagles

Of course they can, a personal loan is to an individual and is not secured against an object.
__________________
Not Grumpy, opinionated.
timwilky is offline   Reply With Quote
Old 11-03-07, 11:17 AM   #3
Dan
Guest
 
Posts: n/a
Default Re: One for the legal beagles

Don't tell me - you HPI'd a bike and it's come back showing a 'Finance Agreement' from Black Horse, but the type of agreement shows as 'Personal Loan'.

Black Horse are abusing the HPI register and logging details of Personal Loans against bikes. They did this with my SV, and I had to ring them up and demand they remove the entry from the register when I PX'd it.

They don't have any legal claim over the bike they told me, so ignore it.
  Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Legal age tinpants Idle Banter 29 01-10-08 07:44 AM
Art.......legal? jumjum_0214 Exhausts 10 20-02-08 05:58 PM
is this legal jans1971 Bikes - Talk & Issues 10 03-02-08 02:55 PM
Best Legal can zaris SV Talk, Tuning & Tweaking 18 05-07-06 04:33 PM
are you legal? SPeeeeDY Bikes - Talk & Issues 25 24-03-05 09:40 PM


All times are GMT. The time now is 08:19 PM.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.