Maroondevo52 v Cabot

[maroondevo52]

Hi, looking for some help, please.

 

Received letter from Cabot (Financial) in July 2006. They say I am due them £1,618.26. from a old MBNA Card.(I ignored it, can't even remember having a MBNA Card).

 

Hundreds of phone calls later (none which I answered) and 16 months later, I receive a letter from FIRE (Financial Investigations and Recoveries(Europe) LTD) saying I owe them £1,872.40. On january 7th 2008 I CCA them. 16th January 2008, they reply to my request saying. 'The Cabot Financial Group is not obliged to provide this information but we are pleased to help and have already requested the documentation for you from the original lender.'

They amount now due is £1,830.92.(How come the amounts keep changing?)

 

22nd january 2008 receive letter from MBNA.....

 

'Please accept this letter as confirmation that your outstanding balance due under the above account has been assigned to Kings Hill No 1 Limited part of the Cabot Financial Group.

All enquires regarding this account, should be made to this company.'

 

What happens now ?

 

Thanks.

 

Scott.

[Curlyben]

Welllllll the CCA clock is ticking and Cabot/FIRE/Kings Hill, know it

 

You mention that you have no recollection of an MBNA card at all, this might simply of been a rebranded job that was managed by MBNA.

 

Now with this amount of time passing can you think of any card it could possible be ?

[maroondevo52]

Hi, Ben.

 

Thanks for replying, no I can't remember what type of card it could be. On my credit file it says the account was opened in 1991.:o .Shockareeno.

Defaulted in 2004 ? Think they've been on the wacky baccy. .

Oh, almost forgot, they will take as 'full and final' a payment of £936.20.

 

Thanks again.

 

Scott.

[Curlyben]

Yeah and I'll take and F&F of £500

Oh you want proof, hang on while I ...............

[Bigmac versus]

Moved to Cabot.

 

Have fun Scott.

[maroondevo52]

Thank you, Bigmac.

 

 

 

[Newborn]

As many will know, there are many different parts to Cabot.

 

Two of their inner 'companies' are called Kings Hill (No1) and Cabot Financial (UK). One is dormant the other trades.

 

Last year, in Feb, the companies swapped names. Cabot (UK) became Kings Hill and became dormant. Kings Hill became Cabot (UK) and trades (albeit with no personnel).

 

The whole lot is 'administered' by Cabot Financial (Europe).

 

They confuse not only the debtors and courts etc, but now they've also confused MBNA!

 

MBNA have told you that they have assigned your debt to a Company that is dormant but more importantly, does not appear on the Information Commissioner's Register. (I found only Cabot (Europe) and (UK) on it.)

 

If all the paperwork between Cabot and MBNA reflects this and the assignment took place after Feb last year, then a misassignment may have taken place. As well as data protection offences. I wouldn't tell them that yet though.

 

It would also be interesting to see which company appears on your credit report.

 

The more experienced on this site will determine whether this is useful or not.

 

Newborn

[Brassed off]

Scott, if you CCA’d Fire on 7th January then the 12+2 working days would end on 24th January, with summary offence committed 25th February.

 

Did you request a Statement of Account in your CCA request? I only ask this as this would show you what charges have been placed on the alleged account upon transferral to Fire/Cabot/Kings Hill. I wouldn’t worry even if they have added charges, because you won’t be paying them anything anyway

 

After the further calendar month (25th Feb) a nice little complaint to TS would be in order if Fire/Cabot/Kings Hill continue to chase you for payment.

 

You don’t have to do anything yet, just post up any further correspondence you receive.

 

TBH, this alleged debt would most definitely be SB by now (in Scotland, SB would be five years without any written acknowledgement or payment). But it’s going to be fun upsetting Cabot.

 

I’m sure our resident Librarian (Curlyben) will be in the process of preparing a very nice Bog Off letter for Cabot when the time comes

[maroondevo52]

Thanks for your input, Newborn.

 

On my Credit Report it's Cabot Financial (UK)LTD. PO BOX 241 West Malling.ME19 4NA.Tel:0845 0700 116.

Current Balance: £1,830.

Default Balance: £1,470.

Start Date: 22/12/1992.(must have been a loan to help Noah build the Ark)

Default Date: 01/06/2005.

 

Bo, thank you too. I did not ask for a Statement of Account. (not the sharperst tool in the Box).

 

I'll keep you updated.

 

Regards.

 

Scott.

[maroondevo52]

Received Letter from Cabot. Dated: 30 Jan.2008.

 

Your request

We write further to your request for information under sections 77 and/or 78 of the Consumer Credit Act 1974.

 

Although Cabot has requested the information, the original lender is experiencing a delay in retrieving the information from it's archives.

 

We shall send the information to you as soon as we receive it.

 

The status of your account

We will as a gesture of goodwill put your account on hold until we receive further communication from the original lender.

 

 

Sounds good to me. .

 

[Seahorse]

Sounds like they've slightly amended their template to me.

[Brassed off]

Received Letter from Cabot. Dated: 30 Jan.2008.

 

Your request

 

We write further to your request for information under sections 77 and/or 78 of the Consumer Credit Act 1974.

 

Although Cabot has requested the information, the original lender is experiencing a delay in retrieving the information from it's archives.

 

We shall send the information to you as soon as we receive it.

 

The status of your account

 

We will as a gesture of goodwill put your account on hold until we receive further communication from the original lender.

 

 

Sounds good to me. .

 

 

Not really surprised that the original lender is experiencing a delay - 16 years is a loooonnnng time Scott

 

Sounds like they've slightly amended their template to me.

 

You are very observant SH, but then I know you're a big fan of theirs

 

*waves* at Seahorse :grin:

[Bigmac versus]

The status of your account

 

We will as a gesture of goodwill put your account on hold until we receive further communication from the original lender.

 

 

GOGW.................A phrase Eddie Royle often says comes to mind.

 

 

Keep at them Scott

[maroondevo52]

Letter from Cabot, Today the 13th Feb. 2008.

 

Your request under the Consumer Credit Act 1974

We recently wrote to you informing you that the original lender is experiencing a delay in obtaining information from their archives. Although 24 days have passed since your request, we hope to be able to send the information to you shortly. We shall remind the origional lender that your information remains outstanding and should be processed as a matter of urgency.

 

We apologize for any inconvenience you may have experienced as a result of this delay.

 

The Status of your Account

Your account shall remain on hold until further notice.

 

 

 

Good news, me thinks.

[maroondevo52]

Another letter from Cabot, dated 21st February 2008.

 

Your request for information under the Consumer Credit Act

Unfortunately Cabot has not been able to provide you with the requested information within the relevant time period. We have worked hard to obtain this information for you. However, the Original Lender has not yet been able to locate the relevant information from their archives.

 

You are of course entitled to request the information direct from the original lender.

 

Your Account

Cabot shall continue to hold any action on your account until further notice.

 

What happens next ?

Although Cabot is dependant on the original lender for the information, the relevant time period has now expired. However, Cabot shall continue to request the information from the original lender to assist you with your request. We hope to receive the relevant information shortly.

 

 

 

What happens now ?(or what should I do now ?)

 

Regards.

 

Scott.

 

 

[honey5]

smile and file

honey x

[Bigmac versus]

Sit back and relax for now.

[maroondevo52]

If I want the default removed, what do I do next.

[Curlyben]

There's a couple of links in my signature that cover this.

Surlybonds thread is a good place to start.

[maroondevo52]

Thanks, Ben.

[maroondevo52]

Still nothing from Cabot, what's the next move, if any

[Bigmac versus]

Depends on what your looking for.

The debt remains unenforceable until they provide the agreement.

Are you referring to the default

[maroondevo52]

Hi, Bigmac.

 

I think I'm going to have to swallow the default.

So you think I should just get on with my life, and stop peeking through the curtains when the Postman comes

 

You know what I love now, I can open all my post and answer all my phone calls without my heart sinking.

 

 

Regards.

 

Scott.

[Bigmac versus]

The default issue i have never really got involved in but im sure there has been attempts using sec.10, i think.

[maroondevo52]

Nightmare

 

I paid off a debt with BOS, with a large chunk of it re-claimed Bank Charges.

I had a Standing Order paying £100 per month to Blair, Oliver & Scott.

 

Forgot to cancel the Standing Order

Realised today and phoned Bank Of Scotland, smart guy at the end of the phone say's, oh too bad, we will use that £100 to pay your other debt( that's the one in this thread, with Cabot)

 

After a long argument, regarding non-complience of CCA request to Cabot,smart guy say's, we will hold that money until we resolve the issue.

 

Can they do this ?

 

Any help greatfully received ( can't believe I was so stupid)

 

Regards.

 

Scott.

Edited June 5, 2008 by maroondevo52