Hire-purchase agreements play a crucial role in financing vehicles, machinery, and other essential assets, allowing businesses and individuals to acquire goods through structured installment payments. However, disputes can arise unexpectedly, leading to financial and legal complications for all parties involved. At our firm, we specialize in handling both statutory hire-purchase transactions governed by the Hire-Purchase Act 1967 (“HPA 1967”) and non-act agreements that do not fall within the scope of the Act. We provide comprehensive legal solutions tailored to protect the rights and interests of financiers, dealers, and hirers. Whether you are seeking to enforce contractual terms, recover payments, or defend against unfair claims, we are equipped with the expertise to guide you through the complexities of hire-purchase law in Malaysia.
For transactions covered under HPA 1967, we assist clients with a wide range of legal issues, including disputes over default payments, repossession of goods, termination of agreements, and compliance with the Act’s strict requirements. The HPA 1967 provides statutory protection to hirers, and financiers must follow proper legal procedures before taking enforcement action. We ensure that financiers comply with the law when seeking to repossess goods or recover outstanding amounts while also protecting hirers against unlawful repossession or unfair contract terms. Our services include reviewing agreements for compliance, advising on notices of repossession, handling court proceedings, and representing clients in disputes concerning excess charges, penalties, and unfair practices. With our legal guidance, clients can navigate HPA 1967 disputes efficiently while minimizing risks.
For non-act hire-purchase transactions, which include agreements that do not fall under the HPA 1967 due to factors such as high financing amounts or corporate transactions, we offer specialized legal support in drafting, negotiating, and enforcing contracts. These agreements require careful structuring to protect the interests of all parties, as they do not benefit from the statutory safeguards of the Act. We assist financiers and dealers in drafting enforceable contracts with clear terms on repayment, default consequences, and asset repossession rights. In the event of a dispute, we help clients resolve conflicts through mediation, arbitration, or litigation, depending on the circumstances. Our experience in handling complex contractual breaches, recovery actions, and enforcement proceedings ensures that our clients receive effective representation in any legal forum.
With our deep knowledge of hire-purchase law and extensive experience in dispute resolution, we strive to achieve fair and practical outcomes for our clients. Whether you are a financial institution, a dealer, or a hirer, our priority is to safeguard your rights and interests while resolving disputes efficiently. We provide strategic legal advice and strong representation to help you navigate hire-purchase conflicts with confidence. If you are involved in a hire-purchase dispute or require legal assistance with drafting and reviewing agreements, contact us for a consultation. Our team is ready to provide clear guidance and tailored solutions to meet your specific needs.
