Log Book Loans have taken our van, but we've never heard of them!

Enfieldian

mr_ch1ps wrote: »

if the vehicle keys are not made available then the bailiff/repossession agent can take reasonable steps to take possession of the clients assett, ie smash the car window to release the handbrake, or use bolt cutters to gain access to garages, if the vehicle keys are sighted in a window of a house then the agent can smash the house window to get the vehicle keys!!

Ha, ha, ha..... What an absolute load of !!!!!!.....

How does "criminal damage" sound in both cases?

Daddy-Spendless

bare in mind that if a repo man smashes a window to snatch a car back, when its sold at auction it will be sold with a smashed window and attract a lower sale price, the finance company will chase you for any shortfall, so unless your planning on going bankrupt its probably best to hand over the keys (if you cant avoid repossession).

ukste78

if a repo man came to my propety and the car is on my path.
if he entered my path/drive way have got i the right to remove him from the property with force. ie offer to damage his face with my hads or bat?

I really dont have time for all this crap and just want the law clear.
before i have to react to a pain in the !!! situation.

Kimitatsu

ukste78 wrote: »

if a repo man came to my propety and the car is on my path.
if he entered my path/drive way have got i the right to remove him from the property with force. ie offer to damage his face with my hads or bat?

I really dont have time for all this crap and just want the law clear.
before i have to react to a pain in the !!! situation.

He has the right to remove the property from the road without your permission - do you believe that your car has an outstanding loan on it? You can check by writing to the high court and giving them details of the car for which LBL would have a bill of sale registered against. It costs about £10 and would probably be worth it for your peace of mind.

You do NOT have the RIGHT to remove anyone with force - if you percieve a breach of the peace then you need to contact the police who will attend and escort the bailiff from your property if you no longer wish to deal with them. However if they have a valid court order (unusual in LBL case) to remove the car then the police will also have to allow them to do that.

jeffmasson

Daddy-Spendless wrote: »

bare in mind that if a repo man smashes a window to snatch a car back, when its sold at auction it will be sold with a smashed window and attract a lower sale price, the finance company will chase you for any shortfall, so unless your planning on going bankrupt its probably best to hand over the keys (if you cant avoid repossession).

if you did not take out the loan you would not be responsebul for the shortfall. same as if some how someone pulled this off with a house (don't worry there is to many check in place for this to happen with a house i hope:D)

ukste78

this law is a joke...the fact this crap can still happen in 2010 is crazy.

logbookloans who the hell allwoed these to start trading and creating so much rubbish. the goverment should just close all these scum bags down.

mukk

mr_ch1ps wrote: »

This could of been avoided if you would of spent £24.99 on a Hpi check, that would of told you about lbl having legal title ship, and of course the loan agreement is subject to bill of sale, not a lot an "innocent purchaser" can do there im afraid!!

We have just sucessfully taken a Motor Trader through the small claims court and had a full refund plus costs after he sold us a car which was later repossed by 'lbl'.. We did a full HPI but it did not show up. The previous owner had defaulted on a loan secured on it.
As these 'bill of sale' or 'circa 1874..chattels mortgage' agrements are not direct finance on the vehicle they would not show up.
Lbl do not have legal title untill the loan is defaulted upon and a default notice has been served on the owner.
If people find themselves in this position they need to prosecute the person they bought the car from..this process can be repeted by all parties involved untill the person who defaulted is brought to task.

All the best.. Ade

franky_chipps

Hi, just had a knock on the door Log from 4 point Financial services,and they say there is a Loan on my car ,and yes I did a text HPi witch said clear Ok,the guy at the door put a letter head 4 point through the Door ,but no Details,how much with who ectThe letter did saythe company was going to report the car to GMP Police as Stolen.can any one advise me .thank in antisipation.franky

CashRequired

If you buy a car with outstanding finance, it doesn't belong to you, it belongs to the credit company, and they can legally take it back.

I had to learn the hard way, didn't HPI check, and my car was repossessed . Please never use the text message checker either, it doesn't bring up important information.

The only way you stand a chance with these things is like if you buy from a garage and you have a receipt and then sometimes you can get "legal title" of the vehicle as you were an "innocent purchaser".

inmypocketnottheirs

mr_ch1ps wrote: »

if the vehicle keys are not made available then the bailiff/repossession agent can take reasonable steps to take possession of the clients assett, ie smash the car window to release the handbrake, or use bolt cutters to gain access to garages, if the vehicle keys are sighted in a window of a house then the agent can smash the house window to get the vehicle keys!!

Says who??