court made me pay £7000 interest for a £1500 loan

di3004

billybason wrote: »

court made me pay £7000 interest for a £1500 loan
In 1997 or there about I got a kitchen from "the english kitchen company" that went into liquidation in 98. I continued to pay the loan by direct debit until I was contacted by the liquidators to pay by book until further notice. The book ran out and when I contacted them back the number was no longer in use. I went to CAB and they said leave it until contacted. I did then a collection agency contacted me, are you sitting down, well they wanted £11500 for non payment and interest on the loan, originaly £3700 but I payed £2200 of it already, Intrest on the loan was 29.9% at the time. I was taken to court and they won, it became attached to my home. It made sell my home in 2002 and they settled with my solicitors for £8500. I felt sick to say the least. What I am asking is can I get this money back. I can get access to whom I payed via the solicitors I used and the county court who I lost the case AT. I have seen things in the paper "Liverpol echo 13/11/08 Easy claims" but not sure :-P. Help?

Hi there
Oh hun I am so sorry to hear this, this is so awful for you.

I am not experienced in this field here but hopefully someone will come along and post up some useful advice and information.

I am not sure about Easy Claims, so maybe see what others have to say here.

I wish you the best of luck and have everything crossed for you.;)

Di.
x

billybason

I must say I got the name wrong, I must apoligise about this, I put the english kitchen company and in fact it was not. I must apologise PROFOUNDLY

Crabman

Hi billybason, I've moved your thread over to the Loans Board.

You may find the following link helpful:

CAG Legal Issues Board(thanks to fermi for that link)

Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to another board, where it should get more replies. If you have any questions about this policy please email [EMAIL="abuse@moneysavingexpert.com"]!!!!!![/EMAIL].