i have just checked somepaper work from the court and it states that is was a "unregulated hire purchase agreement" i am completly lost here

but how can they put a defualt on my credit file if they they have no terms and conditions to state what i have defaulted against?

can i insert a link where it is hosted online?

thanks for the info, i do have a letter here from them stating that they do not have the agreement or a copy and clearly states that the debt does still exist but does not enble them to apply to a court. this is a letter direct from the creditior stating they can not apply to a court. so i am confused if they can not apply to a court and i refuse to pay because i can't, what can they do to me?

hi, thanks for teh reply, i don't have a scanner at present but i have found on online that looks the same with just different figures entered. my figures show amount claimed £16083.76 court fee £310.00 Solicitor's Fee £100.00 Total £16493.76

Hi, I have been in disputed with marbles for some time now and they admit they have not got a contract or any terms and conditions sign by me and state that the debt is still owed but admit they can not go to court at all. My question is they have issued me with a defualt notice on my credit file and have now terminated my account and threated they will issue a further default notice to my credit file unless i pay the full amount now. My question is how am i in breach of my terms and conditions that they can issue a defualt notice when i have in writting from them that this contract does not exist. further more they state they have now terminated the agreement so if it is now terminated how can they issue further defualt notices. Can someone please advise me, should i be sending a letter for them to remove these default notices as they have no lawfull reason to issue them if there is no contract between us any help is much appreciated

I have now received a county court form i need to fill in a respond to regarding this case? any ideas?

Hi, I am new to this so please bear with me. I was a director of a ltd company which failed, the company was not made bankrupt but we stopped trading and closed the company. The company had a car on finance with Lombard asset finance with myself as personal guarantor. I could not afford the car anymore so called lombard to return the car to them. They came and collected the car and now i have recieved a demand for payment of approx 15K. It states they sold the car for £19,200 and and repossesion cost and disposal cost approx 3500 the debt balance is now approx 15k (i offered to return the car, they did not repo the car) A letter has come from Shoosmiths which includes a copy of the agreement signed by me, a copy of the guarantor signed by me and a print out of payments made to the account from the start. The agreement was for 52k and a deposit of 7k was paid so a total of 45k was the agreement. Date of agreement started in 6/2/08. I simply do not know what to do now, i am unemployed and can not afford it. what options do i have. I read somewhere that if 50% of the balance was paid them i was free to hand the car back. at the time of handing it back i had a balance of approx 30k, with the sale of the car this falls well below the 50% does this count or must it be 50% when i give the car back. I am really worried and any advice would be a great help. Is my only option to go bankrupt as they have all the signed agreements by me ? Thanks in advance

Hi, I am new to this so please bear with me. I was a director of a ltd company which failed, the company was not made bankrupt but we stopped trading and closed the company. The company had a car on finance with Lombard asset finance with myself as personal guarantor. I could not afford the car anymore so called lombard to return the car to them. They came and collected the car and now i have recieved a demand for payment of approx 15K. It states they sold the car for £19,200 and and repossesion cost and disposal cost approx 3500 the debt balance is now approx 15k (i offered to return the car, they did not reposse the car) A letter has come from Shoosmiths which includes a copy of the agreement signed by me, a copy of the guarantor signed by me and a print out of payments made to the account from the start. The agreement was for 52k and a deposit of 7k was paid so a total of 45k was the agreement. Date of agreement started in 6/2/08. I simply do not know what to do now, i am unemployed and can not afford it. what options do i have. I read somewhere that if 50% of the balance was paid them i was free to hand the car back. at the time of handing it back i had a balance of approx 30k, with the sale of the car this falls well below the 50% does this count or must it be 50% when i give the car back. I am really worried and any advice would be a great help. Is my only option to go bankrupt as they have all the signed agreements Thanks in advance