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Old 08-Aug-2005, 17:46
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Steve M Steve M is offline
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Quote:
Originally posted by itexuk
Bike has got £3225 outstanding HP on it, if I buy it do I pay HP company or what?????
Pete

If the current owner doesn't pay the rest of the debt then the bike remains the property of the HP company and they can reposses it to sell on to cover the debt, with HP it is not owned by the keeper until paid for in full.
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