Thread: Reclaiming Money From Logbookloans

hello
i was just wandering if there is anything i could do about this,about three years ago , my wife took a log book loan , the interest was rediculous ,
the loan was about 2.5 k but the interest was outrageous .......she paid for a couple of montsh but when she could not keepup they took tthe car ...the car was worth 7k and the outstanding was about 2k including the outrageous interest.......LBL obvoiusly sold the 7k car and sent a debt collection agency to start asking for more money of my wife.....she tried paying some and later couldnot.....she wrote the LBL a letter telling them that she knew that the car was worth 7k and so there was no reason why they should be asking for more moneyand infact she ought to receive a balance check from them from the sale of the car........
now coming across this form and i was wandering if there is anyway i could fight back and get her some money back or something.....please can you help ...with the appropriate letter templates or advice etc.....thanks

All outrageous claims such as these (and this applies to ANYONE ELSE!) must be defended vigourously, if not you may find a default judgement has been made!! Unfortunately, ignoring it and hope it will all go away is not the thing to do. you must understand there is no way a UK court would endorse these underhand scandalous muggers!
The situation at the minute with LBL is thus: they are fighting a Consumer Credit license revocation made by the OFT and are looking to maximise their revenue whilst this is ongoing. What this means in real terms is LBL directors Iain Shearer & Barry Pilgrim are working closely with their solicitor to spank all the defaulters, all the victims (I think they're officially called "customers"!) as there is a real chance if the appeal against the revocation fails they will then be forced out of business (ie will just start up again calling themselves something else). So, whilst they're still officially in business, they will be "maximising their income" - and this means screwing people who they perceive as being unable/unwilling to fight back.

Here folks, meet the one-man-band who is working so closely with LBL
Clive Wismayer

i dont quite understand what i should do from the responce......what direction of action should i take to fight it.

Consult a solicitor - preferably Stephensons 01942 774562

You need to start your own thread.
I will move it.

request a statutory information disclosure under the data protection act specifially mention the cars selling price as well - it will cost you a tenner but they have to provide all details they hold on you the cars sales figure should be included

They WILL however once the SID has been requested, change the information they hold on you prior to sending it to you.

Do vehicles reposessed for non payment of debt not have to be sold at public auction? If so you may request the details of the auction house and SID them too to make sure the records tally.

More likely though they will have sold the car to one of their drug dealing mates for a £20 quid fix, who then sold it BACK to one of their employees on the quiet who then sells it on for a fortune and splits the difference with the muppets in the office.. win win for the employees. Lines the pockets once again for the scum that are lbl or any of their dupe companies.

UKD.

[QUOTE=Fleeced73;2194008]All outrageous claims such as these (and this applies to ANYONE ELSE!) must be defended vigourously, if not you may find a default judgement has been made!! Unfortunately, ignoring it and hope it will all go away is not the thing to do. you must understand there is no way a UK court would endorse these underhand scandalous muggers!
The situation at the minute with LBL is thus: they are fighting a Consumer Credit license revocation made by the OFT and are looking to maximise their revenue whilst this is ongoing. What this means in real terms is LBL directors Iain Shearer & Barry Pilgrim are working closely with their solicitor to spank all the defaulters, all the victims (I think they're officially called "customers"!) as there is a real chance if the appeal against the revocation fails they will then be forced out of business (ie will just start up again calling themselves something else). So, whilst they're still officially in business, they will be "maximising their income" - and this means screwing people who they perceive as being unable/unwilling to fight back.



Here folks, meet the one-man-band who is working so closely with LBL
QUOTE]

Came across this solicitor a few years ago. He faked some evidence and altered other evidence. Completely dishonest. Should be struck off. ACC.

[QUOTE=Fleeced73;2194008]All outrageous claims such as these (and this applies to ANYONE ELSE!) must be defended vigourously, if not you may find a default judgement has been made!! Unfortunately, ignoring it and hope it will all go away is not the thing to do. you must understand there is no way a UK court would endorse these underhand scandalous muggers!
The situation at the minute with LBL is thus: they are fighting a Consumer Credit license revocation made by the OFT and are looking to maximise their revenue whilst this is ongoing. What this means in real terms is LBL directors Iain Shearer & Barry Pilgrim are working closely with their solicitor to spank all the defaulters, all the victims (I think they're officially called "customers"!) as there is a real chance if the appeal against the revocation fails they will then be forced out of business (ie will just start up again calling themselves something else). So, whilst they're still officially in business, they will be "maximising their income" - and this means screwing people who they perceive as being unable/unwilling to fight back.

Here folks, meet the one-man-band who is working so closely with LBL
Clive WismayerQUOTE]

Came across him a few years ago.Cnanged evidence and used altered and fake evidence. Should be struck off.