Hi everyone, This is my first posting here, have read lots of threads and have gained alot of knowledge from doing so! My subject is about Cabot Financial. Back in 1997, i took out a unsecured personal loan with RBS (Royscott back then) for £2500 over 3 year term with sickness insurance. Started paying my monthly instalments, but shortly after this i had an industrial accident involving my back which stopped me from working for nearly 2 years ending with me winning an out of court settlement against the employer. In this time i had contacted Royscott who advised me that ALL payments will be paid via my insurance cover. Left it at that. About 6 years ago, i received a letter from Cabot Financial stating that my debt from Royscott has been passed to them and wish to agree monthly repayments for this account. Total balance £4600!!!. Firstly i contacted RBS who do not hold any records of my loan details on file anymore. Finally contacted Cabot who insist that this is paid or legal action will commence. This has been ongoing for some time now. How do i go about this? As far as i was concerned, the debt was partly paid then written off following my unemployment. Any help would be much appreciated Thanks.