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stripe101

Car bought with Log Book Loans Bill of Sale O/S

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Hi

 

Can anyone help me with my problem? I have been to the police, CAB, trading standards and consumer direct today with no one really convincing me that they know what they are talking about.

 

I bought a 2001 Ford Escort 5 weeks ago (27/5/10) for £725 from a guy in Hampshire (the story was that he bought the car just a few months earlier while his car was being repaired and now he didn't need it). I went into his house, so I know where he lives and saw the V5 before he sent it off.

 

I got the new V5 with my name and address on about 2 weeks ago, and noticed that the previous owners name was a woman, but still at the same address. So I was not too concerned.

 

Today I received a letter from Log Book Loans saying that they are seeking to reposess the car because the vehicle was signed over to them by way of a bill of sale (BOS). It also said that the person puporting to sell it would have done so illegally.

 

They included 3 pages from the 24 page BOS, dated 03/04/08, showing a £500 loan secured on the car (starting 10/04/08 and ending 14/05/09), with a lady's name on the document. The document also shows it stamped by the courts on 22/05/08. I think this was the lady my vendor bought it from... Log Book Loans say for £400 they will let me have the car.

 

I am not sure what to do here.

 

Trading Standards said just pay it and chase the guy I bought it from through the small claims court, but he seemed like a jobless loser, so even if I win I dont think I will see any money anyway.

 

Is the LBL claim actually legally enforcable?:???::???:

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Have moved your post to the Log Book loans forum :)


Any typos spelling mistakes are due to leprechauns in my keyboard they move the letters around sometimes (amended just for Bookie)

 

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Hi

 

Can anyone help me with my problem? I have been to the police, CAB, trading standards and consumer direct today with no one really convincing me that they know what they are talking about.

 

I bought a 2001 Ford Escort 5 weeks ago (27/5/10) for £725 from a guy in Hampshire (the story was that he bought the car just a few months earlier while his car was being repaired and now he didn't need it). I went into his house, so I know where he lives and saw the V5 before he sent it off.

 

I got the new V5 with my name and address on about 2 weeks ago, and noticed that the previous owners name was a woman, but still at the same address. So I was not too concerned.

 

Today I received a letter from Log Book Loans saying that they are seeking to reposess the car because the vehicle was signed over to them by way of a bill of sale (BOS). It also said that the person puporting to sell it would have done so illegally.

 

They included 3 pages from the 24 page BOS, dated 03/04/08, showing a £500 loan secured on the car (starting 10/04/08 and ending 14/05/09), with a lady's name on the document. The document also shows it stamped by the courts on 22/05/08. I think this was the lady my vendor bought it from... Log Book Loans say for £400 they will let me have the car.

 

I am not sure what to do here.

 

Trading Standards said just pay it and chase the guy I bought it from through the small claims court, but he seemed like a jobless loser, so even if I win I dont think I will see any money anyway.

 

Is the LBL claim actually legally enforcable?:???::???:

 

 

Hi stripe.

 

please hide the car as soon as you can. they will take it any time. and send lbl a letter by recorded del. with car details ref number on bos and just the words TAKE ME TO COURT. you also need to demand trading standards to look at your case ( please get your trading standards office to call chester office) trading standards have been warned about taking lbl word.

 

now you need to see a solicitor to send a letter to lbl for a copy of the bill of sale and can you point out to your solicitor the dates on your paperwork. a bill of sale MUST be signed 7 full days after agrement was signed your was not so by law lbl can not take your car and the bill of sale is void.

 

lbl will still send repo monkys to take your car so hide it. that if you want to fight lbl.

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Thanks for the reply. I am up for fighting them, but does anyone know whether LBL will actually write off the loan after this, or will they just stop chasing me but leave the BOS against the car which will stop me selling it or result in the next person getting chased?

 

I am looking to sell the car in the next few months, because I have found the car I am looking for.

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Thanks for the reply. I am up for fighting them, but does anyone know whether LBL will actually write off the loan after this, or will they just stop chasing me but leave the BOS against the car which will stop me selling it or result in the next person getting chased?

 

I am looking to sell the car in the next few months, because I have found the car I am looking for.

 

 

it is the bill of sale there are chasing you on.

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