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can lbl sell bill of sale on


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I'm afraid its simply "yes they can"

 

The new owners are buying some of the debt (the new loans), while LBL are keeping the older debt, its a simple takeover and debters cant walk away from what they owe based on the this fact.

 

In the same way if a bank gets taken over your mortgage doesnt get written off, or even your paper bill if a newsagents sells up, the debt is still there here too. The terms and condititions you signed to at the time must stay in place and cant be changed, but who you pay can

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