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OBWanBenoni

Bill of Sale 8 year old rule

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Hi,

 

Thank you for all the help I have had so far from the forum - it has been a life saver and made me feel a bit calmer about the whole situation :)

 

I've read on several posts about how the item having a Bill of Sale put on it can not be over 8 years old. I have been searching for something to back this up but have been unsuccesful so far.

 

Could someone please let me know where I should be looking for this as the vehicle I am having the problem with was 10 years old at the time.

 

Many thanks

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Hi buddy

You are correct, i'll find the link for you...I've left you a message...

 

trooper68


Trooper68:)

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Hi,

 

Thank you for all the help I have had so far from the forum - it has been a life saver and made me feel a bit calmer about the whole situation :)

 

I've read on several posts about how the item having a Bill of Sale put on it can not be over 8 years old. I have been searching for something to back this up but have been unsuccesful so far.

 

Could someone please let me know where I should be looking for this as the vehicle I am having the problem with was 10 years old at the time.

 

Many thanks

 

 

Hi OBWanbenoni. why do you need this info. you seem to be fighting this the wrong way. the bill of sale has nothing todo with your case or the new owners. you said you did a HPI when you bought the goods. all as you have to do is do another FULL HPI (£29) this will show you everything about the vehicle you sold. and if there was no interest on it at time you bought it and sold it then you have no problems. if you wish to fight the bos then you need to go after lbl and not the new owner

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Which company would you recommend I do an HPI check with?

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The AA or RAC, your best bet..do you still have a copy of the old one?

 

trooepr68


Trooper68:)

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I have just done an AA check and it says that there is no finance on it - it doesn't say when the finance marker was put on or taken off the vehicle - would the check show all previous finance on the vehicle? The whole finance history?

 

Thanks

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No, it will only show active markers, so the AA shows nothing, well there's your case, how can you know there's intreast?

 

When is the court case? and do you have the old HPI check?

 

trooper68


Trooper68:)

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Hi trooper,

I have also looked everywhere for 8 year age limit, can't find it, have read Bill Of Sale act completely, advise where to look would be appreciated.

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Hi trooper,

I have also looked everywhere for 8 year age limit, can't find it, have read Bill Of Sale act completely, advise where to look would be appreciated.

 

Hi steve. it is hard to find .. i have it printed off here. but can i ask why you need it. i see you have no posts regarding a bill of sale. this document is very important and it gives 3 rules of a bill of sale that helps people to have there bos made void. so to make it available on the forum will give the likes of lbl the edge in the future. and we dont want that.

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A friend is in arguement with them thats all, his car is 10 years old. Car is hidden at friends but he would prefer to be driving it. But if you don't want to tell me thats not a problem. i understand where you are coming from with respect of lbl knowing things.

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A friend is in arguement with them thats all, his car is 10 years old. Car is hidden at friends but he would prefer to be driving it. But if you don't want to tell me thats not a problem. i understand where you are coming from with respect of lbl knowing things.

 

Hi steve. the car may be 10 years old now but how long has the bos been on it. is your friend having problems with a bos or is he just looking for a way out of the loan ???

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Hi CCTV if you would be kind enough to PM me the 3 rules that you refer too as my vehicle is 13 years old with a BOS of c 9 months. Thanks

 

Hi steve. it is hard to find .. i have it printed off here. but can i ask why you need it. i see you have no posts regarding a bill of sale. this document is very important and it gives 3 rules of a bill of sale that helps people to have there bos made void. so to make it available on the forum will give the likes of lbl the edge in the future. and we dont want that.

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Hi CCTV if you would be kind enough to PM me the 3 rules that you refer too as my vehicle is 13 years old with a BOS of c 9 months. Thanks

 

 

Hip-hop. i can send you all the info you need. BUT i have asked you twice to post your problem you are having with lbl. as you can see 2 people have had there car returned and another 2 have won in court. now with you not letting us know what your problem is or anything about your bill of sale i.e were did you go to get it / who with (mm or lbl) it is going to be hard to help.

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Hi CCTV Engineer, briefly, LBL sent a repossession agent to recover my car on 4 June because I'd fallen into arrears due to loss of income. Agent said that I would have to pay £879 to keep car, no prior default notice for that amount was served. I paid £879 on 4 June, then on 6 June, received Default Notice in post saying I owe £523 otherwise car will be repossessed. I ignored Notice as did not believe that I owed £523 as I had paid up to date on 4 June. Lost faith in LBL and was waiting until end of August to pay car off completely. on 2 August agent from Anglia turned up unannounced to take car and I immediately filed claim in county court for return of car and breach of contract based on unfair arbitrary way LB treated me in view of my personal circumstances, demanding monies not due and threatening repossession without issuing valid default notice on 4 June. (CCA 1974), also suing for misrepresentation, as when I paid £879 on 6 June I was led to believe that arrears were being brought up to date. Also claiming for refund of charges, telephone calls which are not listed in Loan Agreement, agents fees etc. Have recently found out that BOS may be void as it was registered in Supreme Court on 9th day after execution, so do not think repossession is lawful in any event. LBL have agreed to stay all action on my account, not sell my car, however, I need my car for work as I now have a new job in field sales, and am claiming compensation on a daily basis for loss of earnings.

Hip-hop. i can send you all the info you need. BUT i have asked you twice to post your problem you are having with lbl. as you can see 2 people have had there car returned and another 2 have won in court. now with you not letting us know what your problem is or anything about your bill of sale i.e were did you go to get it / who with (mm or lbl) it is going to be hard to help.

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CCTV As previously requested, I have now posted above, the problem I am having with LBL as the prerequisite to you releasing the info I have previously requested. Please would you PM me all the info that you feel would be helpful, including the 3 rules of a bill of sale that have helped people to have their bos made void. This will enable me to join the growing ranks of successful claimants against LBL.

Thank you for your assistance, much appreciated.

Edited by Hip_Hop

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hello I have started a new thread as well because I have to take urgent court action and my car is over 8 years old at start of loan - I can't find law / section of Act or whatever to quote - do you think you could give me the link please

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Hi Desperate44,

 

Unfortunately not. CCTV Engineer alludes that he has the evidence etc but talks in cryptic clues when asked directly by other forum members. He will not post a simple rationale behind cars over 8 years being exempt from BOS. To date I have seen him pop up on different threads telling people they are doing things wrong but never posting the answer to the 8 year rule that he professes to know. I think he uses it to get people to explain what their issue is but doesn't appear to offer the reasoning behind his 8 year rule exemption. He will not let me see sight of this advice maybe another forum member may help if he doesn't respond directly. Maybe CCTV will finally let us all know what his rationale is behind the 8 year rule. I don't know why it is such a secret. If a car is over 8 years old and someone has challenged LBL and the validity of the BOS and got them to back down than surely LBL must now know the legal argument

behind why it is unenforceable or am I missing something, and if so what is it I am missing, because it is so obscure, it would appear only CCTV has the answer? Surely not?

 

hello I have started a new thread as well because I have to take urgent court action and my car is over 8 years old at start of loan - I can't find law / section of Act or whatever to quote - do you think you could give me the link please
Edited by Hip_Hop
typo

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hello I have started a new thread as well because I have to take urgent court action and my car is over 8 years old at start of loan - I can't find law / section of Act or whatever to quote - do you think you could give me the link please

 

 

A log book loan is, in simple terms, a personal loan where borrowing is arranged against the value of your car.

 

The loan can be offered on a ‘same day’ basis to the car owner, the person who is the registered keeper. Although no credit checks are required, applicants need to demonstrate that they have adequate income to cover the repayments. The car will also need to be less than eight years old; of sufficient value; taxed and insured with an valid MOT and; not subject any finance agreements. The lender will hold the log book for the vehicle for the duration of the loan whilst you continue to drive

i will pm you the info that you need.

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Thank you CCTV could you PM me the info too as your response above still doesn't explain the legalities as to why the car can't be more than 8 years old and have a BOS secured against it. If anyone else knows, please PM me as I am appearing before the master and this would be very helpful. As yet there is no indication on this forum why this is the case so any heads up would be appreciated.

Edited by Hip_Hop

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I would really like a PM too as the vehicle I innocently purchased was 10 years old at the time of the BOS. I have put the BOS on the forum so you can see I am not lying about this.

 

Thanks

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Deleted as Post repeated below

 

Hip_Hop

Edited by Hip_Hop

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Hi OBWanBenoni , desperate44, stevie1 etc.

 

Have any of you received the elusive 8 year rule that CCTV states he has in his possession already printed off, ready to send you? No? Thought not. Interestingly I have not seen it either, despite several PM's directly requesting CCTV to produce it. Alas, it has not been forthcoming nor have I received any responses to PM's. This is despite giving details of my own back story as he requested before he would release said info and thereby alerting LBL to who I am. Also unable to delete the post.

 

I have also seen other posts similar to Trooper68's above that show log book's advertising/marketing but all that simply reaffirms is LBL don't generally loan on cars over 8 years in age which, as everyone knows, is not a a legal argument for making a BOS void. I am not suggesting that Trooper68 was making that connection. The LBL marketing is not a legal statement of fact regarding the 8 year rule nor is it something that we can all rely upon. which is what I was under the impression CCTV's bold statement and 8 year rule revelation would clarify, is it not?

 

If anyone else has seen sight of CCTV's mythical 8 year rule that will definitely hold up in a court of law and they definitely have this in their possession now. Please could you PM me. Otherwise my fellow Caggers, me thinks that we are all being led down a merry "8 year rule" garden path, regardless of certain "Cryptic clue" protestations to the contrary from a fellow member.

 

Anyone else care to comment/confirm that an 8 year rule is in existence that makes a BOS void?

 

Hip_Hop

Edited by Hip_Hop

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No, I never received any PM. Luckily for me I no longer need this rule. I'm using the rule that Mobile Money shouldn't put a Bill of Sale on a vehicle that was sold 3 years previously to someone else. Actually they shouldn't put at least 4 Bills of Sale on a vehicle that they have no proof that the person still owns.

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Thanks OBWanBenoni it would appear that my assumptions are correct.

 

Trooper68 it would also appear, is having trouble finding this elusive document too? It doesn't bode well as he has not come back in a week . Oh well another dead end again.

 

The lack of any direct response from CCTV is also telling. As is the silence from anyone else on the forum of the validity of this legally unsubstantiated 8 year rule. There does not appear to be any proof whatsoever, of the existence of any such legally backed 8 year rule in the forum pages which, is telling in its own right.

 

I do hope, that this will now bring to a close any such reposting by others in the future, as it only serves to misinform members, looking for constructive advice at a time of additional stress of dealing with this company.

 

Good luck OBWanBenoni with your own personal fight. My thoughts are with you.

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