Overview
Alternate dispute resolution
Business Licence Legal Services
Defamation
Banking & Finance
Bankruptcy
Company & Commercial
Banking Disputes
Breach of director^s fiduciary duties
Contractual disputes
Corporate breach of warranty claims
Debt recovery
Director and Shareholder disputes
Intellectual property disputes
Loan agreement disputes
Misappropriating company funds
Partnership disputes
Professional Negligence
Sale of goods/supply of services disputes
Contentious Probate
Contract
Debt Recovery & Enforcement
Asset tracing
Attachment on earnings
Bailiffs and High Court Enforcement Officers
Bankruptcy petitions
Charging orders
Enforcement (international and domestic enforcement)
Freezing injunctions
High Court Writs
Insolvency proceedings
Loan disputes
Partnership disputes
Recovery of claims
Statutory demands
Third party debt orders
Winding up petitions
Fees
Fraud
International
Professional Negligence
Property litigation
Loan disputes can occur a as result of a wide range of circumstances, including where a load was mis-sold or additional hidden costs have been added that were not made clear to the borrower when the load was taken out.
Resolving a loan dispute will often involve considering whether the debt is enforceable. In the case of loans covered by the Consumer Credit Act 1974, it may not be possible for the lender to enforce the debt because of the protection offered to consumers under the Act.
The Consumer Credit Act can protect consumers who have hire purchase agreements or running credit arrangements, such as credit cards or store cards, with debt up to the value of £25,000.
A loan may be unenforceable if a breach of the Consumer Credit Act has been committed by the lender – or in cases where a financial product such as a loan was mis-sold, including the mis-selling of payment protection insurance (PPI).
Other factors that could make a loan unenforceable include issues with a broker who sold the loan – or hidden commissions when the loan was agreed.
Duncan Lewis civil litigation solicitors can advise at any stage of a loan dispute, including disputes involving:
In most cases there will be a loan agreement – but Duncan Lewis can also advise on loan disputes where an informal agreement or verbal agreement was made, which may be the case with loans made between family members, partners or friends.
Duncan Lewis civil litigation solicitors can also advise on debt recovery solutions in cases involving loan disputes.
For expert legal advice on debt recovery and Loan Disputes, call Duncan Lewis Litigation Solicitors on 0333 772 0409.