Log book loans try and strike again

[v_j_r]

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

 

Hmmmm you could always advise them a forum user on here knows that they have a few skeletons in there cupboard-especialy Chelsea park investments?,and is quite prepared to put up the evidence to prove any allegations illegall trading quite recently and possibly even now!!.:o

 

Were you actually seen and advised by the cash converters staff?,or seen by a visiting representative from another branch?.

 

Regards.

[caro]

Hi

 

I volunteer at the CAB and we've had a few successes reclaiming fees from logbook loans pointing out the OFT ruling that fees should reflect their actual costs. In all cases, they have reduced the fees to the current £12 fee set by OFT "as a gesture of goodwill". LBL maintain that it costs them £12 for each letter and phone call if not more! It doesn't seem a lot, but as the charges are added weekly, they soon mount up.

 

As these are not very nice people to deal with I would suggest that you go to your local CAB and ask them to write to LBL for a breakdown of fees and quote the relevant OFT blurb. While you are there, ask them to log this as a Social Policy issue. CAB routinely log problems that may affect lots of people and then take action on behalf of all of them. I've already logged a few incidences about this company.

 

Finally, I don't know if you have heard but Watchdog were also asking for info on this company the person you need to contact is Rajan on 0208 7524565. Also, I believe the OFT are logging problems but I haven't got the info for this - you will have to do a search on this forum.

 

Hope this helps

 

Thanks for this advice, although I think it would be better to claim the full amount of the charges. LBL have presumably not proved that their costs are 12.00, and as the charges are unlawful the full amount can be claimed.

[Fleeced73]

quote=v_j_r;770517]Fleeced73:

 

Your comments/request has been noted ok!!.

 

Regards.

Edited May 8, 2008 by Fleeced73

[Charlotte1974]

Well, Court claim forms were issued to Log Book Loans on 21st April. The court form stated that they had until the 8th April to respond. I just spoke to the court and they haven't received anything from them! Hooray, I can ask the court to enter judgement now!! But what happens after that? I have asked that payment is to be received immediately but will the judge still have to decide if LBL (Chelsea Park) actually owe me the money or not?

[Pliny the Penuriosus]

Charlotte I've Pm'd you.

 

The allegations are that you may find that the 'sales invoice' which is used to place the lien is invalid. Also that it wasn't validated with the High Court which in turn may mean that your car was taken illegally

[caro]

If your claim has not been defended, and you have judgment, then you have won and should be able to get payment, although I doubt this will be an easy task. Contact the court for advice about enforcing the judgment. I hope they don't acknowledge late though, although their methods must surely be hard to defend.

[powelll]

The main options for you to enforce this would be to apply for bailiffs to be used ( warrant of execution ) if you have an address for them or to go for a Third Party Debt Order which effectively would take your payment from any bank account they have a credit balance with.

 

You could also apply for something called an Order for Information whcih would force a representative of LBL to attend court & answer questions on their financial position.

 

Only just subscribed to your thread & reas it with interest - well done for getting this far! You may even find that you don't have to take enforcement action ( bearing in mind the costs of this can be added onto what is owed to you ).

 

Keep us posted!

[Charlotte1974]

Well, in the post on Saturday came the Judgment for Claimant (in default) from the court ordering LBL to pay me the total amount!

I'm not sure whether LBL will apply for a hearing to have the judgment set aside but does anyone know how long I should wait before I enforce the judgment?

Many thanks.

Char.

[JonCris]

If the order states immeadiate payment then don't wait (they wouldn't) apply for a High Court Warrant & it will be served by a proper licensed bailiff not one of the mickey mouse ones that claim to be bailiffs

 

If LBL muck about it's worth noting that High Court Bailiffs can also serve arrest warrants if so ordered by the Court

[Charlotte1974]

Thanks JonCris;

The order just says 'You must pay the claimant £***** forthwith'.

I take it that means immediately, but how many days should I wait to receive payment? Should I contact LBL at all or leave it to the court bailiffs?

[Fleeced73]

How many injunctions did they ignore to get to this stage if u don't mind me asking...

[Charlotte1974]

I sent in my claim for a refund of late payment charges and repossession charges on the 19th April 2007, LBL had until 8th May to respond, they didn't, so judgment (in default) was given on 11 May. Obviously now comes the difficult bit, enforcing the judgment and getting our money back!!

[mariette]

Hi we are having trouble with lbl at the moment could you tell me where i could find this site?

thanks

[barbs26]

what problems are you having with them?There are people

on this site who maybe able to help you.

 

cheers barbs

[JonCris]

There are a number of fellow victims here who will help but mariette be careful what you disclose on this public forum as it's well know that LBL monitor this site in an attempt to identify potential trouble makers.

 

Keep your questions general & don't ID your motors, location or precise payment problems.

 

There IS quite a lot going on behind the scenes at the moment involving this company

[Oh Boy!]

I'll informed people.

 

And I quote "nothing will happen to LBL".

 

I think s o m e not all of whats been said here is the truth and some not so.

 

However, I find it hard to believe that nearly ALL the posts i read contained customers of LBL not knowing about the APR.

 

Any way!

[JonCris]

Really Oh Boy--------You know that do you

 

& am I correct in understanding that you think nowt's gonna happen to them

 

Do you work now or are have you worked for them in the past

[Fleeced73]

Sounds like Oh Boy! (or should that be Oh Dear?) has 'connections' - the semi-literate comments definitely induce a sense of 'deja vu', why is it LBL apologists always seems to have those problems?

[JonCris]

I know fleeced they must be spending a lot of time finding & clearing the cookies before returning here in disguise