Hi

ive recently recieved a letter of cabot finacial chasing a 5 to 6 year old unsecured loan for £7000 from royal bank of scotland that defaulted in october 2010 ,

this is the first time ive recieved a letter in 5 years and ive never made a payment ,

it possibly is my debt

i:e roughly same amount

but theyve sent no other details account no etc and

ive recieved no letter from my old bank,

my question is do i ring and make reduced payments they dont have my phone no yet ?

Or do i send a cca request letter ?

I dont want to get them angry and make things worse and them apply for a ccj ,i

hoping to get on my partners mortgage this year and a ccj is the last thing i need ,charging order etc .

please help thanks

Don't ring them at all. Wait until they have something better to say. Since this is close to being statute barred I would ignore them...

Yep. Before they can start any kind of legal action there's a whole process they have to go through. If they start it, then you go down the CCA route. That's why they start the begging letters hoping you don't know the procedure and they get thousands out of you by simply sending one silly letter.

They don't even have the paperwork for.the debt. they only bother to even see if it exists if you challenge them.

never ever ring a fleecing DCA

they are NOT BAILIFFS

and have

NO SUCH LEGAL POWERS.

dx

The only thing im really worried about is a getting a ccj

i dont want my girlfriend finding out

she owns our house but i pay half the mortgage and wanted to get on the mortgage once my credit report is clear in october 2016

i dont want her to find out and worry,

ive already had my post diverted to sorting office

i just dont want anyone knocking on my door yet ,

would you not advise sending a cca request yet ,

had 3 letters in 1 month just stating the amount owed £7600

no account no of bank of scotland and no terms or repayment plan

there just asking me to ring at the moment

its what we call phishing for a mug to fleece.

door steppers are quite rare now-a-days, and even if they do

as my last post

they are NOT BAILIFFS

and have no legal powers whatsoever.

dx

Would you all sugest sitting tight till a more serious letter comes then ?

Dont ring and no cca request letter just yet ?

i cant suddenly just get a ccj claim form for ignoring that letter can i ?

Thanks for your help

Is this account showing on your credit file ?

Even if your credit file is clear in 2016, you will still need to rebuild a credit history, which could take anything up to 12 months ?

Yeah citizenB its showing on creditfile defaulted in october 2010 think i stopped paying in febuary 2010 though ?

Sorry to myther would everyone agree to ignore the letters for now till i recieve something serious ? Thanks for help just worried tried ringing debtline but shut till january the 4th

do you live in scotland or the rest of the UK? but generally as they say await to see if they start threatening with letters or as also stated they may be phishing in the hope they get you to panic, just stay on here no need for debt line as on here they are dealing with these situations everyday, do not panic as you will tend to make mistakes and that can cost you dearly.

try and find out your last payment date, as if february 2010 would make it statute barred from march 2016 in eng/wales, and already statute barred if you live in scotland, as long as you have not admitted within this period of time the debt??

just follow the advice on this forum no phone calls to DCAs etc;

see what begging letter they send next and report contents on here!

I live in england old cogger thanks for your help will see what they send next and post here

cabot are currently chasing a ton of unenforceable debts. They may try to chance their arm in court, but its unlikely theyll win.

The last thing i want to do renegadeimp is take a chance going to court

my credit report will be clear begining october ,should i wait or cca request them or arrange payments i can only afford £25 a month at the minute ?? I dont want a ccj

cabot are currently chasing a ton of unenforceable debts. They may try to chance their arm in court, but its unlikely theyll win.

The last thing i want to do renegadeimp is take a chance going to court

my credit report will be clear begining october

,should i wait or*CCA Request*them or arrange payments

i can only afford £25 a month at the minute ??

I dont want a ccj

Don't go falling for those threatograms. If they want to do court, there's a proper procedure to be done first.

The fact the oc sold that debt and took a loss is telling enough. They could have easily gone to court themselves. Sit tight and wait.

Don't go falling for those threatograms. If they want to do court, there's a proper procedure to be done first.

 

The fact the oc sold that debt and took a loss is telling enough. They could have easily gone to court themselves. Sit tight and wait.

Thanks

Also, as mentioned previously there is a long way to go before it even got to a CCJ stage. IF a claim was issued, then you can still defend, and IF they produced compliant paperwork there would still be a mediation option where you could negotiate a settlement without it having to result in a CCJ

If I mean if you do send a CCA to Cabot they will state that they do not hold this information and need to write to the OC. The letter will also state they need 40 days to comply.

This is in fact incorrect. It's 12 + 2 days that's all. Keep this letter to use if I mean if it goes to Court then produce it in your defence bundle.

There are rules on how long it takes for creditors to comply with lawful requests. Like I said earlier ignore. If this is already on your credit file then it will remain there for 6 years regardless until it expires....

DO NOT CONTACT THEM. Let them do all of the running. But keep and eye out for any Court documents ok?

They should make it illegal for a DCA to harass someone for payment or even start a court claim if they dont have the CCA.

Tbh if the DCA'S follow the CONC rules properly then things would be better all around. But alas they don't and bank on ignorance of the debtor. Hence CAG lol...

If I mean if you do send a CCA to Cabot they will state that they do not hold this information and need to write to the OC. The letter will also state they need 40 days to comply.

 

This is in fact incorrect. It's 12 + 2 days that's all. Keep this letter to use if I mean if it goes to Court then produce it in your defence bundle.

 

There are rules on how long it takes for creditors to comply with lawful requests. Like I said earlier ignore. If this is already on your credit file then it will remain there for 6 years regardless until it expires....

 

DO NOT CONTACT THEM. Let them do all of the running. But keep and eye out for any Court documents ok?

Yeah will do thanks for the advise

Just a quick up update

received another letter nothing threatening yet

just sent a form with it asking for my outgoings

ive still not replied ,

i went into my bank today and asked when i opened my new account

they said 16th of febuary 2010 and im quite certain i stopped paying when i opened my new account

ive had no contact since

its the first time ive recieved letters

my default wasnt till october 2010 though 6 month later

,is statute barred from default date or last payment ?

Thanks again

payment + 1 month to be sure.

so not long.

payment + 1 month to be sure.

 

 

so not long.

no

you really need to be reading around

cag is a self help site tooo.......

dx

Yep. Plenty of very good info in thousands of threads on here. Time to do your homework