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.
Hi
I will try and be as concise and short as possible. I have a debt with Lloyds of £12,000 I initially took out a loan for £3000, I got into trouble and had to get a consolidation loan for £7000 I again got into financial difficulty and ran up an overdraft of £3000. All of this has been with Lloyds. I got into trouble with the loan because I was out of work or had little work and when I tried to claim on my loan insurance was told I could not claim because I was an agency worker, I complained to the Ombudsman who said I had been missold the insurance policy, but he didn’t think it would have made a difference as to whether I could have afforded the repayments, after his decision Lloyds offered to pay back the insurance policy and any interest (yet refused to do this when I first got into trouble)I declined the offer because I feel I Can prove it would have made a difference. The insurance was £30 a month, I was being charged for unauthorized overdraft and for late payments, I would not have got into so much debt if I hadn’t had these costs, in fact I could have probably kept up repayments. Until a few months ago I was paying a reduced monthly amount of £100 then with out notice (the bank had an old address even though I had rang to change it) my debt was passed on to the debt collectors.
I have sent the letter asking for my statements for the last 6 years along with £10. I am worried the debt collectors will start court proceedings against me before I can get my dispute up and running. How can I hold them off? If the ombudsman agreed I was misold the policy and I can prove it would have made a difference financially what money should I try and get back?
Thanks for your help and thanks for a great site.
Ps. I am currently brushing up on my rights and what to do next, through your FAQ’s vbrep_register("357156")
Hi - take a bit of time to read up first to make sure that you have the facts before going too far ahead. Read the FAQs and template letters then have a good read around here to see how others are getting on.
Keep any progress on your own claim or questions that arise in a new thread in the forum for your bank to make it easier for others to follow and advise you. There's a set of links in my sig below that will help you find where all this useful information is. Well done for getting started!
Jeep (The Wife & I)
Halifax joint a/c (£3800 charges + £40 interest on charges over 11 years) - paid in full 23/06/06
Halifax joint a/c new charges £1100 - LBA sent 02/08/06
Halifax 2nd a/c (£1500 charges + £150 interest on charges) - partial payment received 13/07/06 (no s69 interest) - AQ filed 07/08/06 - Court awarded 50% of s69 interest (Bank didn't turn up!)
Halifax Visa (#1) Data Protection Act sent - statements arrived - £350 so far
Halifax Visa (#2) Data Protection Act sent - refunded £170 DONATE - Support this site, it supported you! Follow the route: FAQs > Template Library > Parachute Account > Bank Forums > Spreadsheet All advice given in good faith and without prejudice or liability, to be taken at your own risk!
loan insurance and banck charges
of £12,000 I initially took out a loan for £3000, I got into trouble and had to get a consolidation loan for £7000 I again got into financial difficulty and ran up an overdraft
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