Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
The Cabot group use Cabot Financial (UK) Ltd (previously called Kings Hill (No.1) Ltd), to purchase debts from various financial institutions.
Upon purchase of the debt, Cabot Financial (UK) Ltd, appoint Cabot Financial (Europe) Ltd as their agents to collect the debt that they have purchased.
It will be Cabot Financial (Europe) Ltd, that will call and write to you, demanding payment.
Do not pay them anything, until you have established the validity of the debt. Do not give in to pressure. You have more rights then you know.
There are various concerns in relation to the legalities of them sharing personal data and in relation to the way they conduct their business.
Before you call or write to Cabot, I would recommend that you first read through some of the Cabot threads. Then start your own thread to allow everyone to help you.
To get the ball rolling, I have created some standards letters, that you are all free to use. (please change to meet your individual circumstances)
If you would like to establish the validity of the debt, Cabot have purchased, use the CCA letter, remember to enclose a postal order or a cheque for £1.00.
If you would like to get copies of all the information they hold about you, then use the DPA letter (this is also known as a Subject access request), please remember to enclose a cheque or postal order for £10.00
I am not an expert on these matters. My advice is given freely , without predjudice and without liability if things go wrong.
A click on the scales below is appreciated if my posts were helpful
Do not regard my postings or suggestions as professional advice. If in doubt seek a professional opinion.
Sarah PLEASE DONATE IF SUCCESSFUL - Every little helps
PLEASE, Do not Private Message me with basic questions, start your own thread and PM a link if you wish, but I will not be able respond to all individual questions as I am very busy on numerous other things and anyway, others cannot learn from PM's. It also stifles contributions from the vast talent base this site offers from it's contributors and I'm not all that clever really! Thank you.
This is probably one of the largest Cabot threads where a lot of the ground work for the Cabot Fan Club activities began. Anyone having Cabot troubles could do worse than taking time reading through here. Then progress through some of the others for examples..Most of the posters on here had quite a lot of input investigating and exposing their naughty ways...
A click on the scales below is appreciated if my posts were helpful
Do not regard my postings or suggestions as professional advice. If in doubt seek a professional opinion.
Sarah PLEASE DONATE IF SUCCESSFUL - Every little helps
PLEASE, Do not Private Message me with basic questions, start your own thread and PM a link if you wish, but I will not be able respond to all individual questions as I am very busy on numerous other things and anyway, others cannot learn from PM's. It also stifles contributions from the vast talent base this site offers from it's contributors and I'm not all that clever really! Thank you.
I am having problems with Cabot too, over a credit card debt that goes back to 2003.
Sent request with £1 postal order for copy of CCA. Cabot sent £1 back saying that they aren't liable under the 1974 Act, but out of courtesy (!) would chase up my original CCA.
I wrote back using a template from here, telling them that as they were well over the 12 day limit they were in breach, etc, and that I was also notifying them that I wanted my personal details removed according to the 1988 Data Protection Act.
They wrote back today (23rd Sept), saying that they are still chasing the original CCA, but "our client has had difficulties locating it", and that as they don't actually own the debt, they do not have to remove my personal details and I am still liable for the said debt.
What should I do now? Wait, or send them something else? The letter was arrogant and snobby, and in effect was saying they were beyond the law.
I suggest you start your own thread. This is what I did, and the helpful replies are coming in.
I would be very interested in the results of this as it is where I will probably be not too far from now. Apparently Cabot often return the £1, but in my case they actually put it toward the alleged debt and sent a letter saying "Thank you for your payment".
This has to be unlawful as the letter (template N) clearly stated that the £1 postal order was the CCA fee.
Cabot will try to get away with anything, and clearly in your case they are making up the law as they go along.
Clearly it is time to initiate a complaint through their internal procedures. (You have to do this before it can go to the fos) I can give you a link to Seahorse's blog where the complaints procedure is located -
The only thing I can't tell you is whether this information is up to date or not.
It would also be useful to know exactly which regulations have been breached so that you come across as informed when making the complaint.
Start your own thread, and you will get more help.
Cabot Financial are a debt collection Company. They dont register defaults as that is upto the original vendor to do, once the account is defaulted the vendor can legally sell the debt to a debt collection company to collect the outstanding balance.
Most debt collection companies stick to the oringal credit agreement with regards to interest and charges being applies unless the vendor states not too. Interest is frozen if regular payments are being recieved until the account is clear.
Sometimes, when accounts are paid in full prior to Cabot purchasing it, its the original vendors fault for not updating a person's credit report and their fault for selling it too Cabot. This is easily fixed by stating this to Cabot who then investigate the account and going back to the original vendor.
The original vendor is the one that has to supply a person with a default notice not the debt colleciton company. Also, it is the vendor that has to send you a Paid In Full letter (PIF) if you cleared it. If you dont recieve this then you have to request it from the vendor, otherwise the vendor can be very sneaky and sell the debt on, again the vendors fault. Sometimes when you are given a discounted settlement figure and they dont send you this letter, then sometimes the vendor sells the remaining balance to a debt collection company without telling the the previous history on the account.
When making complaints to Cabot, sometimes it does take time espcially when the vendor is at fault, as the vendor will try and stall to cover their backs.
Cabot Financial are a debt collection Company. They dont register defaults as that is upto the original vendor to do, once the account is defaulted the vendor can legally sell the debt to a debt collection company to collect the outstanding balance.
Most debt collection companies stick to the oringal credit agreement with regards to interest and charges being applies unless the vendor states not too. Interest is frozen if regular payments are being recieved until the account is clear.
Sometimes, when accounts are paid in full prior to Cabot purchasing it, its the original vendors fault for not updating a person's credit report and their fault for selling it too Cabot. This is easily fixed by stating this to Cabot who then investigate the account and going back to the original vendor.
The original vendor is the one that has to supply a person with a default notice not the debt colleciton company. Also, it is the vendor that has to send you a Paid In Full letter (PIF) if you cleared it. If you dont recieve this then you have to request it from the vendor, otherwise the vendor can be very sneaky and sell the debt on, again the vendors fault. Sometimes when you are given a discounted settlement figure and they dont send you this letter, then sometimes the vendor sells the remaining balance to a debt collection company without telling the the previous history on the account.
When making complaints to Cabot, sometimes it does take time espcially when the vendor is at fault, as the vendor will try and stall to cover their backs.
i hope this helps
NO IT DOESN'T
THIS POSTER SPEAK "DCA LANGUAGE "
(MEANING FILE THE POST UNDER R.... FOR RUBBISH!! ) HOW MANY MINUTES HAS THIS POSTER BEEN REGISTERED ???
Cabot Financial are a debt collection Company. They dont register defaults as that is upto the original vendor to do, once the account is defaulted the vendor can legally sell the debt to a debt collection company to collect the outstanding balance.
Most debt collection companies stick to the oringal credit agreement with regards to interest and charges being applies unless the vendor states not too. Interest is frozen if regular payments are being recieved until the account is clear.
Sometimes, when accounts are paid in full prior to Cabot purchasing it, its the original vendors fault for not updating a person's credit report and their fault for selling it too Cabot. This is easily fixed by stating this to Cabot who then investigate the account and going back to the original vendor.
The original vendor is the one that has to supply a person with a default notice not the debt colleciton company. Also, it is the vendor that has to send you a Paid In Full letter (PIF) if you cleared it. If you dont recieve this then you have to request it from the vendor, otherwise the vendor can be very sneaky and sell the debt on, again the vendors fault. Sometimes when you are given a discounted settlement figure and they dont send you this letter, then sometimes the vendor sells the remaining balance to a debt collection company without telling the the previous history on the account.
When making complaints to Cabot, sometimes it does take time espcially when the vendor is at fault, as the vendor will try and stall to cover their backs.
i hope this helps
Read post 6, then go to post 1 and start at the top and work down, take a couple of months off and read the Cabot threads then come back with your experienced knowledge. We all appreciate your help and advice, after all, thats how we all started and I am sure your intentions are honourable, but Cabot have been exposed well and truly for all their antics over the last two and a half years, been stripped to the bone with regards to Kingshill No1 et all, and contrary to another one of your posts, Cabot do indeed register defaults as well as allegedly ( ) having no agreements or very few to support their often unlawful activities, chase unenforceable debt, chase statute barred debt, write a load of intimidating tosh in their letters, have untrained and inexperienced staff making intimidating telephone calls, take debtors to court with Agreements regulated by IRISH law hoping to scupper the judge, break most OFT guidelines on a regular basis, use useless solicitors like ******* ( Hi Dean? ) and the occasional barrister when they feel confident, really don't know at the coal face what the Consumer Credit Act actually says (oh, I'm getting tired) and spend far too much energy congratulating themselves in the media - don't we Ken? ( bit chilly for that new swimming pool just now isn't it?). Anyway, spend a little time familiarising yourself with what's gone before, we even gave Kenny his own little Cabot Fan Club didn't we guys and gals just to strip the company naked and show it for what it really is. No wonder Citigroup are keen to sell it, just like a market traders stall, nobody wants to buy rotten banana's...
A click on the scales below is appreciated if my posts were helpful
Do not regard my postings or suggestions as professional advice. If in doubt seek a professional opinion.
Sarah PLEASE DONATE IF SUCCESSFUL - Every little helps
PLEASE, Do not Private Message me with basic questions, start your own thread and PM a link if you wish, but I will not be able respond to all individual questions as I am very busy on numerous other things and anyway, others cannot learn from PM's. It also stifles contributions from the vast talent base this site offers from it's contributors and I'm not all that clever really! Thank you.
i have looked at page 1 wow theres lots i dont know which one to go on heres is what is happening
i did a thread but cannot find it but i am recovering from a car crash which happened 5th nov this is my 4th day up been on complete bed rest but i have to go back to bed in the afternoons still getting the paims
but cahoot or whatever we call them keeps phoning my hubby tells them about car accident and that i am unable to come to the phone the girl asked when will she be better to come to the phone my hubby said how longis a peice of string
i sont want them keep phoneing and dont know what to do it is to do with vanquis and it is a long story but i did put it in here somewhere but with my hubby being made retired 3 yrs ago under ill-health yes they have had finacial expenditure forms etc i was on pp then out of the blue vanquis stopped the payment protection as although the card was in my name but cause it was hubby s name they cancelled the pp and its gone on since then also vanquis has ignored all my responces and letters to them and now with there charges etc it is £1,445 odds
what do i do now as i dont need this worry esp at a time like this when i am in pain and trying to get over the accident
tyvm
abg
Here's a thought, now call me crazy but why dont you for a change just pay your debts!! instead of trying to find way of stalling and getting out of paying them. After all you have got the credit and spent it, you wouldnt borrow money of a freind then not pay them back but still expect them to be nice to you and still be your friends would you?? ...... no didnt think so, so why dont you have a think next time before you try and steal more money from the goverment!!
Here's a thought, now call me crazy but why dont you for a change just pay your debts!! instead of trying to find way of stalling and getting out of paying them. After all you have got the credit and spent it, you wouldnt borrow money of a freind then not pay them back but still expect them to be nice to you and still be your friends would you?? ...... no didnt think so, so why dont you have a think next time before you try and steal more money from the goverment!!
Oh dear.
'Confidence grows & heartbeat slows to a steady stronger beat, as each member unites, against DCA fights & we all sail aboard the CAG fleet!' Keep smiling peeps!
Here's a thought, now call me crazy but why dont you for a change just pay your debts!! instead of trying to find way of stalling and getting out of paying them. After all you have got the credit and spent it, you wouldnt borrow money of a freind then not pay them back but still expect them to be nice to you and still be your friends would you?? ...... no didnt think so, so why dont you have a think next time before you try and steal more money from the goverment!!
If Cabot tried to take your house as they are prone to doing or frightening the living daylights out of people as they are also prone to doing because they thought they had a right, do you think they'd care about paperwork if they could get away with it? - NO. didn't think so, nor would any bank and you'd just sit back no doubt saying " okay, help yourself, I don't mind that you don't have any legal right to have it, but take it all the same cos your my friend" would you? Don't, with all due respect, be a twit! It is written into UK legislation under such Acts as the CCA if you know what that is, and passed through a democratic Parliament that activities by companies like Cabot have to abide by certain rules before they can come gunning for people in a gung - ho manner. We just ask them to produce things the way they should before exercising any rights they have UNDER THE LAW. Then we'll all go away. You are making the mistake so many Credit people do, you think everybody who frequents forum like this do so to avoid paying and that's where you guys get it all so wrong because if you go back to many of my earlier posts going way back into 2006 when this forum began the only thing I and thousands like me have said is that we want the credit industry to abide by the laws they have ignored for so many years and you coming on and harping on like this is proof positive that we have achieved that. Why? because contemptuous twits have come and gone once they realise we are not a bunch of rogues we just want your grubby little industry cleaned up. Okay?
A click on the scales below is appreciated if my posts were helpful
Do not regard my postings or suggestions as professional advice. If in doubt seek a professional opinion.
Sarah PLEASE DONATE IF SUCCESSFUL - Every little helps
PLEASE, Do not Private Message me with basic questions, start your own thread and PM a link if you wish, but I will not be able respond to all individual questions as I am very busy on numerous other things and anyway, others cannot learn from PM's. It also stifles contributions from the vast talent base this site offers from it's contributors and I'm not all that clever really! Thank you.
Here's a thought, now call me crazy but why dont you for a change just pay your debts!! instead of trying to find way of stalling and getting out of paying them. After all you have got the credit and spent it, you wouldnt borrow money of a freind then not pay them back but still expect them to be nice to you and still be your friends would you?? ...... no didnt think so, so why dont you have a think next time before you try and steal more money from the goverment!!
And here I was reading a thread about how cabot employees gave up time to help children in need and thinking they cant be that bad then I stumble across this rubbish, from a TROLL
PGH7447
Getting There Slowly
---------
Advice is given freely but is in no way meant to be taken as Gospel
Feeding the ducks in the local park can be a pleasant pastime. Feeding trolls usually isn't.
However, sometimes the ill-informed drivel they spout cannot be allowed to go unanswered, simply because there may be impressionable and uninformed people reading these posts looking for answers.
Here's a thought
What, from a DCA employee? Well, at least that establishes a precedent.
call me crazy
Well, it is one possibility, but I can think of a few other things I would like to call you.
why dont you for a change just pay your debts!! instead of trying to find way of stalling and getting out of paying them. After all you have got the credit and spent it
A life that exists only in black and white. No shades of grey. If, my dear troll, you ever graduate to adulthood you may find out that the real world is not like that. In the first place, many people being hounded by DCA thugs did not ever borrow money in the first place. Secondly, even if they did borrow money, there is often a legitimate dispute concerning all or part of the account. Especially when you bear in mind your colleagues' propensity for breaching every regulation in the book and adding on bogus charges, and then interest on the bogus charges, and then interest on interest on the bogus charges, until the alleged debt which started off as a simple cricket score has now become an international telephone number.
And, in the unlikely event that the money is genuinely owed, saying "why dont you for a change just pay your debts" is not a question which is necessarily relevant to the real world. Yes, the ARE people out there who are simple debt evaders, seeking to gain something for nothing. I have to say I have never yet met one on the CAG. In many other cases, genuine hardship, even hardship involving terminal illness or permanent disability, means that the option of paying any alleged debt is simply not there.
This concept requires a degree of humanity to understand, which is why it is totally beyond the grasp of the employees of debt collection agencies, whose sole raison d'etre appears to be to harass, bully and abuse people into giving them something which they cannot give, because it simply doesn't exist.
you wouldnt borrow money of a freind then not pay them back but still expect them to be nice to you and still be your friends would you??
Well, actually, in the civilized world you just might. If you lent money to someone, and they then suffered a life changing accident or illness, lost their entire income and were unable to pay you back, then you might exhibit a degree of understanding. Assuming you were a human being and not an employee of a debt collection agency.
so why dont you have a think next time before you try and steal more money from the goverment!!
I am assuming when you say "goverment", you are actually referring to the GoverNment. Have I missed something? Has Crapbot Farcical now taken over the entire country? Is Dear Old Ken now ensconsed in No.10 Downing Street, dreaming up new ways of feeding his greed from the long suffering populace?
Actually, the job would suit him perfectly. Glory and unearned booty gained from living at everyone else's expense.
What the hell has the "goverment" got to do with Consumer Credit?
If you really want to know who steals money from the Government, I will tell you. The banking and finance industry steals from the Government. When a credit card company or bank lends money to an individual, a contract is signed. Or, at least should be signed. The individual is bound not only by honour, but by law, to adhere to that agreement.
What is the lender obliged to adhere to? At the first sign of trouble, at the very first sign that this may have been a poor business choice, the lending institution will close the account, fire the debtor, and claim the balance in tax relief.
That is right. They will make the rest of society responsible for their mistake.
Or, at least, their possible mistake. There is no proof whatsover that if the lending institution had behaved like a proper business and been prepared to work with the borrower through his rough patch, that the account would not have been brought back into order. Making further profits for the lender, and saving the Government from an unnecessary loss.
Although, of course, it is never the Government that really does take the loss, is it? It is the long suffering taxpayer who subsidises both Government insanity, and the treachery of ponces and leeches such as the banking industry.
That is what a bank or lending institution really is. A blown up version of Arthur Daley or Del Boy Trotter.
They are inherently immoral, treacherous and dishonest. The only phenomenon worse than these parasites are the bottom feeding scum who buy up these reject accounts that the banks will no longer deal with. Because it is too much like hard work to run an honest business, and too easy to live at everyone else's expense. These loathsome organizations then bully, harass, threaten and abuse the already beleaguered debtor, trying to coerce them into parting with what they can ill afford to part with.
These savages are the regression of thinking man back to the level of the animal. They, and their practices, have absolutely no place in a civilized and evolved society. They have taken their gift of human life, and thrown it away, choosing to live only at the level of baseness, greed, and subhuman malevolence.
Are you looking in the mirror, Mr Troll?.
SH
All opinions of ScabHunter are offered in good faith and believed to be accurate and true. Please note, though, that I have no legal training and am human like the rest of us (except the DCA trolls).
If you have received court papers, PLEASE POST EARLY. We can help, but only if we are within the timescales.
I am happy to receive PMs (and friendship requests!), but if you want me to look at your thread please leave a link to it.
If I have been helpful, please feel free to click the old scales!
Hey, why are we getting all defensive? The law has spoken! In reality when someone pays a DCA money when there is no properly executed CCA, they have done so as a result of misrepresentation, fraud if you like. The OC took the easy way out and the DCA took the easy way in. Let them both suffer (especially the DCA).
Dealing with Cabot 101/Cabot threads.
and in relation to the way they conduct their business.
Reply With Quote
Thank you.
Originally Posted by haribo88
) and the occasional barrister when they feel confident, really don't know at the coal face what the Consumer Credit Act actually says (oh, I'm getting tired) and spend far too much energy congratulating themselves in the media - don't we Ken? ( bit chilly for that new swimming pool just now isn't it?). Anyway, spend a little time familiarising yourself with what's gone before, we even gave Kenny his own little Cabot Fan Club didn't we guys and gals just to strip the company naked and show it for what it really is. No wonder Citigroup are keen to sell it, just like a market traders stall, nobody wants to buy rotten banana's...
Re: Cabot Threads
