I wonder if anyone could offer any advice with my partners issues he is having.
He had a credit card with Hsbc that defaulted over 6 1/2 years.
He continued to make a number of payments until he got into severe financial difficulty.
The default dropped off the CRA reports in February this year
He was then notified in June that Hsbc had sold the debt to Cabot
Cabot are demanding monies,
which we don't have,
saying if we do not pay then as they brought the debt they will take him to court, default him again and inform the CRA.
There have been a n