This topic was closed on 09 March 2019. If you have a problem which is similar to the issues raised in this topic, then please start a new thread and you will get help and support there. If you would like to post up some information which is relevant to this particular topic then please flag the issue up to the site team and the thread will be reopened. - Consumer Action Group

Hi, Im looking for some advice in relation to my debts. I have a gambling problem and have racked up approx £22000 in unsecured debt made up of loans, credit cards and overdrafts. I have admitted ive got a problem and am attending GA as well as handing over my finances to my mum for a few months while i sort my head out. Most of the loans/cards are either with DCs or about to default. It has been a very stressful time but now my head is clearing i have 2 paths i can go down .. IVA or Bankruptcy I had initially decided to go with an IVA but after much research and as i have absolutely no assets i started to think Bankruptcy could be the best option. The problem is the more i read peoples stories the more indecisive i become. The main thing i am worried about is the potential BRO and the impact it will have on my life. I know most of the restrictions are not relevant to most normal people but i read somewhere that it means you are not discharged for the duration of the BRO ?? Is that true or does it just mean you cannot become an mp etc for the duration of the order Also does anyone have any info on previous posters to the forum who may have similar stories to me and how they fared with the whole BR process Thanks in anticipation ...

Hello again fellow caggers .. im still after some advice on filling out the N1 form. Im ready to go but when i look in the guidance notes all the info that is there for you to cut and paste onto the N1 form seems heavily geared towards a bank or credit card claim. A lot of the wording seems innappropriate to use in a case against log book loans and im no legal eagle so can anyone offer any words of advice ??

Also if you could PM me the name of the man you were dealing with that would be cool .. how long ago did you claim because i have been hit with a wall of silence so far !!!

Hmm very interesting .. yep ive done everything as per the rules ive already claimed 3 lots of bank charges so ive got plenty of experience !! Im doing it on behalf of my ex but my name is also on the agreement .. The loan was paid off a couple of years ago so they have got nothing to threaten me with either !! do you think i could phone them up and let them know what im about to do or would she have to do it ?? I think it would sound a lot better coming from me as she doesnt really fully understand the whole process .. and id love to hear them squirm

Hi im 24 hours away from submitting the N1 court forms for a claim against log book loans for unfair charges Not gonna go into to many details as no doubt u have heard the story a thousand times before and im also wary of giving away to much info. Im just wondering if anyone could help me out with the particulars of the form. There seems to be a lot of help for Bank and Credit Card claims but a lot of the points made dont seem particulary relevant or accurate for a company like Log Book Loans. Does anyone have a template i can cut and paste for a claim against a loan company or specifically Log Book Loans or is it already staring me in the face !! thanks in advance

Hi folks, a few months back i successfully clawed back some bank charges from the Halifax. It was settled via an offer made in writing before the court stage. I have recently started the process for a second time for charges levied to my account during the last seven months. This time they are not playing ball and have sent me a letter basically saying we may close your account if u continue and if you are not happy u may close down the account yourself!. Cheeky gits!, Im just after some advice from people who have claimed for a second time, is it worth carrying on ? i have a parachute account if things do get messy

would love to rob but the thing is they are still stating in no uncertain terms that they will send the bailiffs round to seize the car if i dont pay up! if i start strongly disputing charges they could disagree and be prompted to just turn up out of the blue and take our car !. I have since agreed to pay £125 per month for 4 months, once the loan has been paid off then i will pursue them for the charges

Hello everyone, my ex girlfriend took a £600 loan out on her £10k car about 12-14 months ago. Since then we have split up and as a result money became tight etc etc, the charges built and built and she/we were unable to keep up with repayments. Saying that she/we have paid off the entire loan + interest amount and are now left with £580 of charges, they are due to phone me today as i had promised them the entire amount today or the bailiffs would be called in without further notice. I have tried to "reason" with them but unfortunately the word is not in the LBL customer care manual 2006 edition. I need to deliver by e mail today something that is going to hopefully stop them in there tracks and give me some time to sort this mess out. any advice would be seriously appreciated and please no "read the faqs" etc etc !!, no time for that !

Cheers for the response mr alleycat, i must admit im thinking along the same lines as you and with the volume of letters/claims they are receiving and the apparant complete lack of research they make into each individual case (standard letters etc) i would be quite confident that it wouldnt have any impact on there final decision, i reckon they just drag it out for as long as they can and then pay out, how many people have actually had to go to court ??

thanks lueeze, so basically i might get away with it but its not worth taking the risk !

Hello everyone here is a brief rundown of my situation so far Asked for 6 years statements over the phone, received on 19th April, calculated charges £750, sent off LBA on Friday 21st April. Got standard letter with £40 refund and waffle from mr udy which is being rebuffed today and this Friday i take it to the next level !!. The one thing im worried about is that the majority of people have sent the prelim letter then the LBA, i have gone straight to the LBA. Can i confirm this doesnt affect the legality of my claim as it appears i have just received the standard letter anyway thus saving 14 days of waiting if i had done both??