If you have received a demand for payment from Pirkan Perintä Oy, you should settle the credit without delay. In case you are unable to settle the payment by the due date, or if you have something to remark, please immediately contact our personnel.
If no payment or contact is received, we must apply for a leviable sentence for the credit from district court. The sentence will result in a note in credit references, as well as considerable extra costs.
Do not hesitate to contact us – one telephone call can prevent plenty of inconvenience!
What does vehicle repossession and account settlement mean?
When a sufficient number of instalments are overdue, or the vehicle has no valid all-risk insurance, we can request executive assistance by a distraint officer to repossess and settle the account on the vehicle. The distraint officer orders the buyer to return the vehicle and defines for the vehicle a value at which the instalment plan is annulled.
If the defined value of the vehicle is smaller than the receivable sum, the difference is directly transferred to execution for final settlement.
If the defined value of the vehicle is higher than the receivable sum, the difference is paid to the buyer by the financing company.
In both cases the vehicle remains in the financing company’s possession.
This settlement of account will always result in a note in credit references.