Log book loans try and strike again

[Pliny the Penuriosus]

I understand it is alledged there have been some doubts regarding the authenticity of signatures on the 'bill of sale'

[lbl]

That's a very serious allegation and one that I would not be happy to discuss in an open forum.

[Pliny the Penuriosus]

It is & if you wish to discuss it PM me

[blackpool30]

I think its been advised before they take the log book and register an interest in the vehicle on the HPI Register , so the log book duplicate would not be much use , they did not take my car , have now sent my log book back in the post and have confirmed verbally that they have removed the marker they put on the HPI list but I think I will check this myself to be sure, and after all of that nightmare has ended I will now write to them and ask for a refund of all the charges and start the ball rolling to try and get some back.

 

 

I have just managed to pay these monkey back after 12 months of hassle and i recon they have added about £1200 in charges and an extra £400 for when they sent some guy to repo my car because a cheque bounced and i had to give him £1400 when i was in arrears of £700 for returned cheque.

Unfotunatly they dont really provide a clear breakdown of charges they just keep adding on and then threaten to repo your car every month unless you clear the arrears.

I am going to try and get my charges back just waiting for the return of my log book i requested it last week and i gave them seven days to return it but havent heard anything from them to say they have recieved the payment of the final demand or any news on my logbook .So i will have to wait for that maybe i should send some heavies round like they would and get them to charge them £400 for repossessing my log book and charge them £20 each time i have to write and then start writting twice a week because i am making £20 for each letter that costs about 50p to send

Maybe if enough people aree that pi~~ed off with these monkeys we should all turn up at their offices at the same time to make payments or speak to them about what they owe us im sure the media would love that little circus.

Can anyone let me know how long it took to get their log book back,i am wondering if to send them another letter by recorded delivery making a formal request

 

I THINK NEXT TIME I'M SKINT AND NEED SOME CASH QUICKLY ILL JUST SELL THE CAR AND GET A CHEAPER ONE

[JonCris]

Apply for another & write to HPI telling them that the debt is paid in full & to remove your data.

 

Let us know their response

[Fleeced73]

how do I ensure my cars safety when all I have from Gemini are phone numbers and not so much as a letter or notice??

[Pliny the Penuriosus]

If they have taken property over which they have no charge they HAVE stolen it. You must report them to the police

 

Also ask the people they threatened to make statements to the police

[Fleeced73]

If they have taken property over which they have no charge they HAVE stolen it. You must report them to the police

 

Also ask the people they threatened to make statements to the police

 

 

They had a charge on another vehicle of which they knew was at another location. all I need is another 3 weeks or so to be allowed to pay up in full!

[Pliny the Penuriosus]

The post office will give you the full postal address

 

I say again if they took your property over which they had no charge/lien they have stolen them.

 

They can't take property 'in lieu' It's theft plain & simple,

 

Also don't llet the police tell you it's a civil matter it isn't it's criminal

[Fleeced73]

They said they will bring them back to swap for the other "but I will need to pay them £1500 transportation cost"

This is downright disgusting as they knew the other vehicle was at another location and did not ask for it to be there

 

Are these companies not abliged to provide paperwork???

[Pliny the Penuriosus]

They can't swop one vehicle for another or add to their lein at willl without court approval & forget paperwork rules & the law, your dealing with a disgusting bunch of sharks.

 

Go to the police tommorrow & report them as stolen otherwise you'll find they have sold them on their website which is where I don't know

[Fleeced73]

Who regulates these private bailiffs? Are they linked to a county court?

 

Why are they saying they will only accept cash paid into their account?

I really don't quite know who to trust on this and, like I have said, safety of and keeping these cars is paramount

[Pliny the Penuriosus]

What makes you think they are bailiffs! They aren't licensed bailiffss don't act like that, They are the worst kind of debt collectors & I doubt they wouldn't ge able to get a baillifs licence

 

They advice given here is non judgemental nor is there any reason to mislead you. If you don't report your vehicles as stolen asap it's more likely you will lose them.

 

Any other action will take too long at this late stage apart from making the court application already suggested by the solicitor you consulted

[Fleeced73]

noose

[Fleeced73]

Can High Court claims for ownership be granted without the knowledge of the registered keeper or is this a lie?

 

 

Also If LBL would wish to pm me I would like to discuss the matter of settlement

[Pliny the Penuriosus]

yes if there's a ' 'signed' (by the debtor) bill of sale' & the sworn statement of a solicitor as to it's validity

[Charlotte1974]

I've just found this thread having used the site in the past to reclaim my bank charges (still waiting!)

Anyway, we had trouble with LBL last year when we took out a loan of £500 over 6 months in 2005. About 8 weeks into the loan my husband was made redundant and we couldn't make the full repayments, but we made an agreement with LBL that we'd pay a reduced rate until we could start paying in full again. We stuck to the agreed payment plan but still got a letter each Thursday to say that we were in arrears and we'd been charged £20.

Then one morning, when my husband was back in work, he went out to the car and realised that it had been clamped! We phoned the number on the clamp and were amazed to find that they'd been instructed by Log Book Loans to repossess the car! We couldn't afford to pay the arrears we owed, let alone the fees they'd piled on top for the repossession so I had to get my Dad to pay with his credit card.

We carried on paying and got to the end of our 6 months all paid up, or so I thought. 6 weeks later, we were rudely awoken at 6.30 am by a repossession agent, again instructed by log book loans.

I got the agent to wait until 9am when I could phone LBL to find out what was going on. We owed £400 for 20 letters that had been sent out during our 6 month loan period!! I couldn't believe it! They wanted us to pay the £400 plus £360 for the repossession costs before they would unclamp our car. I didn't think we had any choice, so yet again, my Dad came to the rescue with his credit card and we got the car unclamped.

To this day, despite frequent letters I have still not recieved our log book, so we applied for a replacement from DVLA at a cost of £19. I have also asked LBL to refund my costs, for letter fees and the repossession costs, which I believe to be unlawful as they were only repossessing because of the fees!! (And I have since learnt that they need a court order!)

I have now filed my papers with the local court and LBL (Chelsea Investments) have until May 8th to respond! I will let you know what happens, keep your fingers crossed for me please!

[Pliny the Penuriosus]

They will try & get away with offering you the difference between their charge & £12 claiming the charges have been set by the OFT. They haven't go for the lot!

[Charlotte1974]

Don't worry, I will! I'll keep you posted!

[Fleeced73]

I need everyone to pm me please..... :idea:

[Fleeced73]

Can "V_J_R" send a pm.. or indeed anyone who has their contact details

[v_j_r]

@Charlotte1974:

 

Ah ha chelsea park investments raises it's ugly head again i see, charlotte were are you located roughly please or rather at which branch of this mob was the loan serviced?.

 

And when did you take the loan out mm/yy?.

 

Regards.

[v_j_r]

Fleeced73:

 

Your comments/request has been noted ok!!.

 

Regards.

[caro]

I need everyone to pm me please..... :idea:

 

Fleeced, we always advise people to keep their advice and information on the open forum for everyone to share and make use of if it is good. It also helps to ensure that any bad advice is picked up and corrected.

 

While I'm here I thought about LBL the other day when I discovered that the FOS now deal with much more than the financial institutions like banks now, and it may be worth applying to them to resolve these issues with LBL. You never know it might even make them clean up their act.

 

http://www.financial-ombudsman.org.uk/http://www.financial-ombudsman.org.uk/

[Charlotte1974]

@Charlotte1974:

 

Ah ha chelsea park investments raises it's ugly head again i see, charlotte were are you located roughly please or rather at which branch of this mob was the loan serviced?.

 

And when did you take the loan out mm/yy?.

 

Regards.

 

We took out the loan at Cash Convertors in Stevenage, Hertfordshire in August 2005, HTH!