Copyright 2022 - สำนักงานทนายความ ฉัตรประพล แย้มเพริศศรี CP Law 63/261 ซ.10 ม.6 ต.เสาธงหิน อ.บางใหญ่ จ.นนทบุรี 11140 โทร.094-303-9999

In the event that the seller is unable to claim the lack of price from the hire purchase

    Usually, if there is an outstanding car installment payment for 3 consecutive installments, the finance company will come in contact to pay the car installment, and if still hold again, it will be that the hire-purchase department breaches the

contract. In the end, the car hire-purchase finance company will eventually terminate the contract and confiscate our cars, but the story is not over yet. When the finance company takes over your car, it will be sold at auction. And if the car is not fully paid from the auction, the difference will be charged from the original hire purchase. Causing the hirer to owe the car difference from the auction and the debt collection fee as well

      However, there is a 2016 verdict that if the hirer owes the car installments for 2 consecutive installments and the hirer has taken the car back The Supreme Court ruled that the parties agreed to voluntarily terminate the contract. The lessor has no right to call for the lack of price. Despite having accepted that compensation in the handover of property

company and the hire purchase have no debt, the lack of price to each other Therefore there is no effect for the tenants to buy Be liable for the lack of price as specified in the letter of delivery of property "

     “The hire-purchase company returns the car after 2 installments of the hire purchase company. The hire-purchase company accepts the leased car. Voluntarily terminate the contract the hire-purchase company cannot call for the lack of price. Even if the hirer made a letter of delivery of the property to the hire purchase company, the document is not a hire purchase contract If it is only evidence of delivery of the property that is leased back and the hirer guarantees to the hire-purchase company that If the hire-purchase company sells the car for sale, the price is not worth the damage. The hirer will accept compensation for the lack of compensation under the contract with the hire-purchase company. In the case of receiving the condition of the debt that existed without Because the hire purchase company and the hire purchase have no debt, the lack of price to each other Therefore there is no effect for the tenants to buy Be liable for the lack of price as specified in the letter of delivery of property "

Article translated by butsaba boonrak

 

 

 

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