Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Has anyone heard about a guy who is offering to buy peoples debts for a fee of 10% of what they owe and then he deals with the fall out from the creditor and appoints a solictor to deal with any problems with defaults which may come the way of the original borrower and guarantees that his clients will not be taken to court.
He does not care whether the agreement is enforceable or not.
He reckons he has asked the MoJ,OFT and FSA if there is any law which prevents the borrower selling the agreement to him and they could not point to any law which this transaction would break.
Sounds even more difficult to believe than unebforceability but he reckons in the last 6 months he has bought debts worth 9million pounds from over 1000 people.
Any thoughts?
Alllegedly 9 million pounds in debt and rising but any thought on legal issues rather than just dismissing the guy as a crank
I was laughing because the whole issue was discussed a few days ago but I hadn't realised you had missed the discussion....will see if I can get it for you.
Wiping out ENFORCEABLE debt
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Originally Posted by yourbank
