loan sharks with real teeth

[tomterm8]

Re: loan sharks with real teeth

I would like to see the credit agreement. It seems possible to me that it is unlawful, and it would certainly come under the unfair relationships clauses of the consumer credit act 2006 IMHO.

[jules2008]

Re: loan sharks with real teeth

hi hope everyone is having a good weekend.

has anyone got a good letter to send to LBL to hold them off while the account is in dispute with Stephensons solicitors. I have told them on the phone but need to send them a letter to confirm this so they cant take any action whilst it is in dispuste it this possible?

Jules

[Amy]

Re: loan sharks with real teeth

You could use one of these http://www.legalbeagles.info/forums/...ead.php?t=9110

or one of Curlyben's which are stickied at the top of the Debt forum.

[jules2008]

Re: loan sharks with real teeth

hello

Can any of you brilliant guys help me out.

my account with lbl is in dispute as it is in the hands of my solicitors. I have written to them with extracts from tanzarellis thread but they are still hounding me and also i got a letter today saying they are going to auction my car if i do not pay up.

My Solicitor Stevensons are currently in litigation with them and apparently something is happening on the 10th October which could stop them in their tracks not too sure what as i am not legally up to date on things. I believe there is a case in hand that could help everyone involved in a dispute with lbl.

But until then i need to prevent lbl taking my vehicle as i need it for work. Do you think the letter i sent would be enough to prevent this i think they are ignoring it would they be acting against OFT rules?

can some one help on this one i would be very grateful.

[jules2008]

Re: loan sharks with real teeth

hello fellow beagle anyone got any ideas with this one. Any help would be appreciated.

jules

[Paule]

Re: loan sharks with real teeth

What have your solicitors said regarding this?

[jules2008]

Re: loan sharks with real teeth

They have said that they cant guarantee that they wont take my car and to hide it. not very helpful huh

I just wondered are they aware of the OFT stance on trying to harrass people when the account is in dispute, I assume they must be so i am a bit confused.

Do you think i should talk to solicitors on monday?

[righty]

Re: loan sharks with real teeth

They are fully aware of what this company is upto. Unfortunately LBL are NOT a firm that acts within the bounds of normal practice or common decency so whatever the solicitor demands of them they will ignore.

However whilst I would advise hiding the car for the moment don't give up make sure your included in the group action. Contact the solicitor as I understand that something is about to literally happen within a couple of days.

[jules2008]

Re: loan sharks with real teeth

thanks for your post righty i did ring stevensons today and they confirmed i would be included in the injunctions they are trying to obtain should find out by Friday.
I believe they have a case then (not mine) but after that they will be able to tell wether they can get injunctions for all their clients so fingers crossed.
plus they have informed me if they do take my car I can sue them etc but want to avoid this so will just have to hide my car until further notice.
what a way to live huh!

[jules2008]

Re: loan sharks with real teeth

hi got some good news today the case on Friday was successful apparently. A client of stevensons went to court to get an injuction preventing lbl from seizing their car and i believe it was won. So now stevensons are applying for further injunctions for people in simular situtations (of which i am included).

Yippee no more hiding of my vehicle.

jules

[Paule]

Re: loan sharks with real teeth

Just keep it hidden till you get the injunction.

LBL may now try and grab as many cars as they can now before each client gets an injunction against them, on the basis that they will prob lose again

PKea

[righty]

Re: loan sharks with real teeth

Jules 2008
The injunction was obtained by 'mutual' agreement & when the draft order is received the wording will be amended to include clients like you

[jules2008]

Re: loan sharks with real teeth

hello everyone hope you have all had a good week.

I have just had some absolutely fantastic news lbl are dropping the £600 that they say i owe and they are not coming after my car now the matter is settled once i send back the letter signed sealed and delivered.

I want to say the biggest thankyou to legal beagles as i could of not done this without you.

THANK YOU x1000000
:champagne:

[scoobydoo]

Re: loan sharks with real teeth

Well done to you and all those who helped you on here

so nice to have some good news!

scooby

[righty]

Re: loan sharks with real teeth

Great news:champagne:

Re your PM feel free to contact The News of the World at your leisure who conducted the most recent expose of LBL