Your selected question
I recently purchased a van with outstanding finance on it. I wasn't aware of the finance agreement, but the finance company have now written to me requesting confirmation of my possession. Am I going to lose the vehicle?
The finance company may be entitled to take the van. If you were not aware the van was subject to an outstanding credit agreement and bought it in good faith, you may be allowed to keep the van. You should consider getting legal advice to decide whether you can do this and how to go about it.