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Ltsb help with loan

PostPosted: Thu Oct 22, 2009 9:19 pm
by cmidian
hi everyone,
I recieved a letter today from SCM Solicitors on behalf of ltsb because i cant afford to pay my loan.(lost job....tried to sort out in branch..they didnt care...now on tablets for depression...sad..) Anyways i wonder if anyone out there could point me in the right direction...have read a few posts and i am beginning to get my head round it all.
I know i need to send certain letters....not sure exactly which ones..dont want to mess up can take the hassle or the constant phone calls anymore.
I have attached a copy of the letter to this post not sure how to paste it in post sorry...
all the best steve

Re: Ltsb help with loan

PostPosted: Thu Oct 22, 2009 9:50 pm
by huntingross
There are soooo many questions you should throw at them.....best thing to do is take some time to review what is here on the forum and see what will help.....if needs be send a non commital holding letter to them whilst you review some new and crucial evidence on this matter...that might even make them feel a little uncomfortable.....and tell them when you will get back in touch with them.

Tell them you reserve all your rights.

Re: Ltsb help with loan

PostPosted: Thu Oct 22, 2009 9:56 pm
by cmidian
huntingross wrote:There are soooo many questions you should throw at them.....best thing to do is take some time to review what is here on the forum and see what will help.....if needs be send a non commital holding letter to them whilst you review some new and crucial evidence on this matter...that might even make them feel a little uncomfortable.....and tell them when you will get back in touch with them.

Tell them you reserve all your rights.


Thanx for the quick response huntingross...gonna go look up what a non commital holding letter is and read up some more......just curious though about the court case the banks just won about CCA..do you know if this applies to these kind of situations.
Peace my friend.
cmidian

Re: Ltsb help with loan

PostPosted: Thu Oct 22, 2009 10:11 pm
by huntingross
It contradicts the one posted today where the judge blew £8000 credit card debt out of the water with MBNA because they couln't produce the agreement...!!!

Don't bother searching for a non committal holding letter....I made that up....it's just a letter which says very little other than you're dealing with it and when you will get back to them.....they should honour that....you can tell them to honour it....especially if you say you are investigating new and important information relevant to this.....and retain all you rights.

Re: Ltsb help with loan

PostPosted: Thu Oct 22, 2009 10:19 pm
by cmidian
huntingross wrote:It contradicts the one posted today where the judge blew £8000 credit card debt out of the water with MBNA because they couln't produce the agreement...!!!

Don't bother searching for a non committal holding letter....I made that up....it's just a letter which says very little other than you're dealing with it and when you will get back to them.....they should nonour that....you can tell them to honour it....especially if you say you are investigating new and important information relevant to this.....and retain all you rights.


LOL...Gonna get drafting a letter now if only to stop the phone calls....will let ya know how things go.thanks again nice to have a human to talk instead of the banking robots.
cheers cmidian

Re: Ltsb help with loan

PostPosted: Thu Oct 22, 2009 10:38 pm
by cmidian
cmidian wrote:
huntingross wrote:It contradicts the one posted today where the judge blew £8000 credit card debt out of the water with MBNA because they couln't produce the agreement...!!!

Don't bother searching for a non committal holding letter....I made that up....it's just a letter which says very little other than you're dealing with it and when you will get back to them.....they should nonour that....you can tell them to honour it....especially if you say you are investigating new and important information relevant to this.....and retain all you rights.


LOL...Gonna get drafting a letter now if only to stop the phone calls....will let ya know how things go.thanks again nice to have a human to talk instead of the banking robots.
cheers cmidian


Do you think this is ok or is it a bit short?.....sorry to keep pestering you....

Dear Sir/Madam,

In regards to the letter sent to me dated 16 September 2009 I am writing to inform you that I am at present reviewing new and crucial evidence regarding this matter and will be contacting you when I have finished this process.
I m sure you will honour this request.
I reserve all my rights and waiver none.




Sincerely,

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