Thread: LBL Cowboys... What next?? Urgent

I'm going to start reading the other threads after I've posted this as I'm sure there's some great advice on here.

Well aint I the silly one.. Not only am I silly enough to get a LBL. Terms were 4k started Dec 07 for 2 years. They've already been paid over 7k. I fell behind and woke up to find one of their glowing yellow clamps on my beloved car. I was that fed up with it I mistakenly told them to take it thinking it would be the last I ever heard of them. HA - Foolish I know. I am interested as to why the respectible Anglia "bailiffs" put a credit check on me!?!

Well I got an interesting letter today saying they' disposed of my car at public auction - no idea how much as of course the letter didn't say. What it did say was after the net proceeds had been applied to my account that a sum of £11,465.89 was still owing. However them in their caring nature would be willing to accept a settlement figure of £3505.24 Generous!! - even would hold that for 7 days from the date of the letter (which gives me 3 days)

More interesting are the words that it will be passed to a debt collection agency after seven days "which will use every channel available to recover the monies" Then they actually threaten legal avenues like court and putting an attachment on my home.

My question is this? Who's got to this stage before? Does anyone know what those other channels are?

Thanks

Georgina

Hi Georgina and welcome. Other channels could mean all sorts of things like statutory demands, charging orders etc, so you are right to fight back now.

As you say you need to start reading and I'm sure the advice will be forthcoming.

Originally Posted by Georgina1971

I'm going to start reading the other threads after I've posted this as I'm sure there's some great advice on here.

Well aint I the silly one.. Not only am I silly enough to get a LBL. Terms were 4k started Dec 07 for 2 years. They've already been paid over 7k. I fell behind and woke up to find one of their glowing yellow clamps on my beloved car. I was that fed up with it I mistakenly told them to take it thinking it would be the last I ever heard of them. HA - Foolish I know. I am interested as to why the respectible Anglia "bailiffs" put a credit check on me!?!

Well I got an interesting letter today saying they' disposed of my car at public auction - no idea how much as of course the letter didn't say. What it did say was after the net proceeds had been applied to my account that a sum of £11,465.89 was still owing. However them in their caring nature would be willing to accept a settlement figure of £3505.24 Generous!! - even would hold that for 7 days from the date of the letter (which gives me 3 days)

More interesting are the words that it will be passed to a debt collection agency after seven days "which will use every channel available to recover the monies" Then they actually threaten legal avenues like court and putting an attachment on my home.

My question is this? Who's got to this stage before? Does anyone know what those other channels are?

Thanks

Georgina

This might be useful in your case

Screw The bailiff

was there any credit left on the car? do you have all the documents (or copys)he gave you? Is the car in your name? do you still have the car in your name V5? Did you call the police when the car was clamped?

Request what the car was sold for and costs. This might be considered theft... don't be afraid, thats what they want. To collect a car on a loan THEY MUST HAVE A CATEGORY E CONSUMER CREDIT LICENSE.