⚖️ Asset Finance — Your Rights

Car Repossession
in Ireland. Can They Take It?

If you have fallen behind on car finance payments in Ireland, the finance company may be threatening repossession. But they cannot simply take your car — there are rules they must follow, and in many cases there are options to protect your vehicle or negotiate a resolution.

How Bogdan's situation resolved

Outcome

Bogdan's solicitor calculated that he had paid over 40% of the total hire purchase price — well above the one-third threshold. The finance company had no right to repossess without a court order. The solicitor wrote formally to the finance company, citing the Consumer Credit Act. The repossession was called off. A three-month payment holiday was agreed while Bogdan recovered.

✓ Repossession stopped — payment holiday agreed

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