Hi, thanks for taking time to reply. No c/o not as of yet, I feel that's what there next move may be seeing i have no means to pay the debt. Other forums some debt solutions websites like step change. Original creditor was LLoyds bank, now with Cabot's Marlin europe v limited LLoyds froze interest at the 13.5k which is what they have on the letter they sent. card taken out approx 5 years ago I have told them i will only contact by letter and the phones is just a no as i definitely won't tolerate any creditors who call

If anyone out there can throw some light on the subject of Cabot taking over a debt I owed on credit card. Due to the recession, I lost my business which is why i ended in a debt I can no longer pay as I now have a low income to my outgoings. I now have Cabot who apparently have brought the debt of £13.5k. Only £1 token payments can be offered. Cannot believe this debt has been passed over to a DCA that does not care if you cannot possibly pay it off and keep harassing for more. I have now heard from other forums they could put a charging order on my house and even force a sale, which to me seems crazy, seeing it was an unsecured debt. If I lost my house, I could not even afford to rent anywhere as my income is far too low and impossible to allow it, plus as my credit file is totally screwed, it would be extremely difficult to be get into rented home. Seriously at my wits end they will take me to court to take my house, not caring about the consequences for my wife and I. I worked all my life so hard, the banks screw up the economy and ruin my business and now I could end up with nothing. So angry how banks have been bailed out, yet i have to pay a hefty price for something that just honestly went wrong. does anyone know or has anyone been through this. Can I stop them from taking a charging order on my home.