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    • It's genuinely amazing how you managed to rebuke pretty much all of my points without giving a single shred of evidence to prove it. When asked for evidence all you claim is that "it's clear cut" but how is anyone here meant to know if you won't show it?   I agree with this. If you can't convince us, how are you going to convince the judges when this inevitably goes to court?
    • This is a ridiculous situation.  The lender has made so many stupid errors of judgement.  I refuse to bow down and willingly 'pay' for their mistakes.  I really want to put this behind me and move on.  I can't yet. 
    • Peter McCormack says he has secured a 15-year lease on the club's Bedford ground.View the full article
    • ae - i have no funds to appoint lawyers.   My point about most caggers getting lost is simply due to so many layers of legal issues that is bound to confuse.  
    • Lenders have a legal obligation to sell the property for the best price they can get. If they feel the offer is low they won't sell it, because it's likely the borrower will say the same.   Yes.  But every interested buyer was offering within a range - based on local market sales evidence.  Shelter site says a lender is not allowed to wait for the market to improve. Why serve a dilapidations notice? If it's in the terms of the lease to maintain the property to a good standard, then serve an S146 notice instead as it's a clear breach of the lease.   The dilapidations notice was a legal first step.  Freeholders have to give time to leaseholders to remedy.  Lender lawyers advised the property was going to be sold and the new buyer would undertake the work.  Their missive came shortly before contracts were given to buyer.  The buyer lawyer and freehold lawyers were then in contact.  The issue of dilapidations remedy was discussed..  But then lender reneged.  There was a few months where neither I nor freeholders were sure what was going on.  Then suddenly demolition works started.   Before one issues a s146 one has to issue a LBA.  That is eventually what happened. ...legal battle took 3y to resolve. Again, order them to revert it as they didn't have permission to do the works, or else serve an S146 notice for breach of the lease   A s146 was served.  It took 3y but the parties came to a settlement.   (They couldn't revert as they had ripped out irreplaceable historical features). The lease has already been extended once so they have no right to another extension. It seems pretty easy to just get the lawyer to say no and stick by those terms as the law is on your side there.  That's not the case   One can ask for another extension.  In this instance the freeholders eventually agreed with a proviso for the receiver not to serve another. You wouldn't vary a lease through a lease extension.  Correct.  But receiver lawyer was an idiot.   He made so many errors.  No idea why the receiver instructed him?  He used to work for lender lawyers. I belatedly discovered he was sacked for dishonesty and fined a huge sum by the sra  (though kept his licence).  He eventually joined another firm and the receiver bizarrely chose him to handle the extension.  Again he messed up - which is why the matter still hasn't been properly concluded.   In reality, its quite clear the lender/ receiver were just trying to overwhelm me (as trustee and leaseholder) with work (and costs) due to so many legal  issues.  Also they tried to twist things (as lawyers sometimes do).  They tried to create a situation where the freeholders would get a wasted costs order - the intent was to bankrupt the freeholders so they could grab the fh that way.   That didn't happen.  They are still trying though.  They owe the freeholders legal costs (s60) and are refusing to pay.  They are trying to get the freeholders to refer the matter to the tribunal - simply to incur more costs (the freeholders don't want and cant's afford to incur)  Enfranchisement isn't something that can be "voided", it's in the Leasehold Reform Act 1967 that leaseholders have the right to.... The property does not qualify under 67 Act.  Their notice was invalid and voided. B petition was struck out. So this is dealt with then.  That action was dealt with yes.   But they then issued a new claim out of a different random court - which I'm still dealing with alone.  This is where I have issues with my old lawyer. He failed to read important legal docs  (which I kept emailing and asking if he was dealing with) and  also didn't deal with something crucial I pointed out.  This lawyer had the lender in a corner and he did not act. Evidence shows lender and receiver strategy had been ....  Redact and scan said evidence up for others to look at?   I could.  But the evidence is clear cut.  Receiver email to lender and lender lawyer: "our strategy for many months  has been for ceo to get the property".  A lender is not allowed to influence the receivership.   They clearly were.  And the law firm were complicit.  The same firm representing the lender and the ceo in his personal capacity - conflict of interest?   I  also have evidence of the lender trying to pay a buyer to walk.  I was never supposed to know about this.  But I was given copies of messages from the receiver "I need to see you face to face, these things are best not put in writing".  No need to divulge all here.  But in hindsight it's clear the lender/ receiver tried - via 2 meetings - to get rid of this buyer (pay large £s) to clear the path for the ceo.   One thing I need to clarify - if a receiver tells a lender to do - or not to do - something should the lender comply? 
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I need advice on the possibility of writing off my £20K of debt, PLEASE, at my wits end


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Hi

 

I was hoping to get some solid advice here....

 

I have debts totalling ca. £20K. £13K is to my Bank and £7K is owed in Corporation Tax for the LTD company I was running last year. I also owe Council Tax which has been passed to Equita and a Mobile phone bill passed onto 1s Credit plus I have £250 left to pay on my Argos Card.

 

I have been unemployed since May 2008 and work in the banking sector. I am in receipt of benefits and my rent is being paid plus the £60 pw JSA. I am being hounded by the bank and bailiffs... I dont answer the home phone anymore, changed my mobile number and dont answer the door. I have however, written letters to all my creditors explaining my situation and have asked them to freeze penalty charges and interest which they wont. Some creditors were kind in their responses to my problems now I have informed them of my situation.

 

Now my question is... what are my options?

 

I am looking into :

Bankruptcy?

IVA (but I can agree to payments at the moment as Im on £60pw)

Payment Plans

and then there are these companies which claim to write off most of the debt but I will still have to make payments for 60 months.

I have also heard about the possibility of the bank writing off my debt if they get a clever letter and theres some sort of discrepancy in the credit card/loan agreement or if they cant find my original agreement?!

 

Believe me I am taking none of this lightly by enquirig about getting my debt written off. I have learned my lesson and don't want another credit card or loan oin my life! Its amazing how I can actually survive on this £60pw!

 

Thanking you in advance for your time...

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hi,

you're not being ignored honest:D but I'm hoping someone with a bit more knowledge will see your post.

The debt to the bank. is it loan or overdraft (different processes apply)

With the others, that is out of my league. sorry

 

fox

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Znowdonia, it's not a clever letter as such, just a request to see a copy of your credit agreement. If they can provide it and if it doesn't contain all the prescribed terms then it is unenforceable; the debt doesn't go away, but all your creditor can do is ask you to pay, not force you to. If they can't even find a copy of your CCA, the debt is unenforceable until they do find a copy, whereupon they can start collection procedures.

 

I'm certainly no expert with regards to IVAs, bancruptcy,etc - I'm sure some of our legal bods will be along to help you soon, in the meantime, perhaps it's worth giving National Debt Line or CCCS a call - they are free numbers. Get as much info as you can from as many different sources as you can before making such a huge decision. Beware of some of the IVA companies - I have heard a lot of them promise any remaining debt will be written off after 5 years, but it can actually fixed against any property you own instead.

 

In your shoes, I would request CCAs for all my credit cards and loans. If they are unenforceable, you can concentrate whatever funds you have towards the tax debts. That's just my opinion, of course.

 

Best of luck - at least you've found the site that will give you the help and advice you need; there are lots on here more knowledgeable than I.:)

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For an IVA you need to have been in full time employment for at least six months.

I would ring the debt helpline or CCCS or Payplan, they are all charities

Also at the same time send CCA requests off for your Loan and CC and see what they come up with if anything

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This is it. Amend to suit

 

Ask your creditor for a copy of your credit agreement under the Consumer Credit Act 1974

 

 

1 High Street,

Newtown,

Kent

R21 4RH

 

June 28, 2006

 

 

The Loan Company

Company House,

Church Street,

Newtown,

Kent,

R1 7HG

 

Dear Sir/Madam

 

Re:− Account/Reference Number 4563210025897412

 

This letter is a formal request pursuant to s.77/78 of the Consumer Credit Act 1974. I require you to provide me with a true copy of the credit agreement relating to the above account, together with any other documentation the Act requires you to provide.

 

I expect you to comply fully and properly with this request, within the statutory time limit. You are reminded that should you fail to comply with my request, the provisions of s.77(6) will apply.

 

If it is your view that you are not the creditor, s.175 of the CCA 1974 applies in the case of a simple assignment, and places a duty upon you to pass this request to the creditor. In the case of an absolute assignment, you are a creditor as defined by s.189. If you contend that you purchased the rights but not the duties of any agreement, you are reminded that s.189 of the Act is clear that an assignment is of both rights and duties.

 

Your attention is drawn to ss.5(2), 3(b),6 and 7 of the Consumer Protection from Unfair Trading Regulations 2008 (CPUTR).

 

I enclose a postal order in the sum of £1.00, which is the statutory fee. Note that these funds are not to be used for any other purpose.

 

If you are unable to comply fully and properly with this request, you should confirm this in writing at the earliest opportunity, and certainly within the statutory time limit for compliance, and return the fee.

We look forward to hearing from you.

 

Yours faithfully

Mr A N Other

__________________

 

 

fox

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Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

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There is no CCA for an overdraft. All you can do with that is try to get your charges refunded

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

Please help CAG. Order this ebook. Now available on Amazon. Please click HERE

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yes, but dont sign it, just print your name, it has been known for some companies to be a bit too enamoured of photoshop

Lula

 

Lula v Abbey - Settled

Lula v Abbey (2) - Settled

Lula v Abbey (3) - Stayed

 

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Absolutely don't sign. Just print your name. Send by recorded delivery at the very least. enclose a £1.00 postal order. Same for the loan.

 

With the overdraft, i think you have to SAR the bank. This costs £10.00 but well worth it as it'll show any charges on your account. You can apply for them to be refunded but that will probably be put aside as there is a test case going through the courts at the moment about unfair bank charges.

 

Hope that helps.

 

fox

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

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It certainly does.... I wont sign it. What I am asking though is am I after the original credit agreement form them that I signed years back and if they cannot find it they cannot enforce me to pay it?

 

Also the above letter seems a bit aggressive have I the right to take that tone?

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I don't see any Debt collection agencies in your first post so I'm assuming you need to send the letters to your bank(s).

 

 

fox

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

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  • 4 weeks later...

Hiya,

been a while.

This is starting to happen on a regular basis.

The point I see is that they have been quite happily sending you letters and statements to your address without the need for your signature so why start now?

If it comes to it and you have to send you sig, draw some lines through it so that your sig still looks the same but slightly different.

I would never say the HSBC would "lift" your signature but there is evidence that some unscrupulous companies would.

 

fox

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

Please help CAG. Order this ebook. Now available on Amazon. Please click HERE

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