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if_ihadahammer

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  1. A couple of contributors above have suggested that the bailiffs could not lawfully levy on the car because it is owned by Log Book Loans, therefore the whole levy is invalid. This would certainly be true if we were talking about a Hire Purchase, since the HP firm would own the vehicle. But LBL specialise in Bills of Sale, not hire purchase. Bills of sale are agreements where you borrow money and put your car up as security - a bit like taking out a mortgage on a house. The loan company can take action to take possession of the car if you default on the loan, but unless they do, the car remains your property and can lawfully be treated as such by a bailiff. Obviously there are a whole host of other issues surrounding this levy - I just wanted to point out the question of ownership since it will be central to how you would proceed with any dispute.
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