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Cabot/Morgan Solicitors-Court Action (ex Goldfish account)


barns66
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Hi

i got 2 letters in the same envelope that was posted 2nd class from Cabot Financial 2 days ago,

 

 

1 letter from cabot informing me that i had to get in touch with them to arrange payments to them,

 

 

along with a letter from goldfish stating that they had sold the debt on to cabot,

 

 

I was under the impression that goldfish should have informed me before they sold the debt on,

 

 

I would appreciate it if someone can advice me on this matter.

 

 

Thanks in advance for any replies.

 

barns66

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Yep, I think you are in the right place. Just bumping your thread so some one with more experience will see it and pop in. :)

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Hi Barns66.

 

Yes, you should be informed but people don't always play fair.

 

Just to help others advise, can you give any further info:

 

I'm assuming the debt is a credit card?

 

How old is it?

 

Are there any charges?

 

I would also seriously consider sending a request to Cabot for a copy of the agreement. If Cabot do not have this agreement, they have no legal right to harrass you for payment.

 

Use letter N from the link below, with a £1 postal order. Send recorded or special delivery, keeping all receipts and a copy of the letter you send. Don't sign your letter just print your name.

 

CLICK!

 

Best wishes ;)

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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My husband has been receiving phone calls from 1st Credit regarding his Goldfish account (he won't speak to them, just listens to the messages).These started before Goldfish informed him. In the letter from Goldfish it says that they have assigned his account to 1st Credit.not sure if thats another word for 'sold':) . So I am going to send a cca request off this weekend to 1st Credit and see what they come up with.

 

Shazza

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Hi Shazza. If you start your own thread post up a link here so we can follow it.

 

Good luck :D

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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Hi

Thanks Hopeful + shazza for your replies,the credit card i have had for about 7 years.

Hopeful do you mean late payment chargers or chargers that cabot have added.I will get the letter for the cca this weekend.

 

barns66

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ANY charges - all can be reclaimed.

 

Start with the CCA though and when they respond we can take it from them. When you get chance keep reading around the forum to see what experiences others have had. It's amazing how much info you can learn :)

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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:) Have a read of this article. According to this, the whole sale isn't due to complete until the end of May.

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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It probably has been rumbling on for a while, but it will take time for a new company to get to grips with everything.

 

The main thing now is to tackle Cabot.

 

Best wishes ;)

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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Letter in post tomorrow and will let you know what they have to say.Thanks Hopeful for your help.

 

barns66

 

You're welcome :)

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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  • 1 month later...

Hi just a quick update,i had a letter from cabot last week stating that the original lender is experiencing a delay in obtaining my information from their archives,got another one this morning it says that although 24 days have passed since your request,we hope to be able to send the information to you shortly.We shall remind the original lender that your information remains outstanding and should processed as a matter of urgency.We aplogise 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. barns66

Edited by barns66
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Hi just a quick update,i had a letter from cabot last week stating that the original lender is experiencing a delay in obtaining my information from their archives,got another one this morning it says that although 24 days have passed since your request,we hope to be able to send the information to you shortly.We shall remind the original lender that your information remains outstanding and should processed as a matter of urgency.We aplogise 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. barns66

 

Geez - an apology??!! I'd frame that :p

 

If / when they send anything scan it up for us all to have a look to see whether or not it's enforceable.

 

Well done so far :)

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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Brilliant - file that very safely!

 

The ball is now in your court. Without an agreement they cannot chase you for this debt.

 

What's your plan of action now?

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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The best bit in my book is that you don't have to deal with the DCA :p

 

Now it is up to you how you go forward. By law you do not have to make any payments, as without the credit agreement the debt is unenforceable. It does not, however, mean the debt does not exist. If an agreement turns up at a later date, the debt could be enforced via court.

 

Alternatively, you could decide whether to make a full and final settlement offer. Obviously this depends on your financial circumstances.

 

You could make payments that you can afford.

 

If you choose 1 of the last 2 options, you should also reclaim your charges.

 

With all my charges claims, i have had all monies refunded to me in a cheque regardless of whether or not there was an outstanding balance.

 

:)

I'm midway through the tunnel, but getting closer to the light.

 

 

 

Please be aware that i am not an expert in anything!

I may offer an opinion, but the final decision is yours.

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  • 4 months later...

Hi

Further update,received this from Cabot,they have sent me what they call the agreement this is not even signed it's just initialed and a letter on Goldfish headed paper saying that the debt as been assigned to Cabot but i had one of these in April stating that they had bought the debt,how can they buy it again see attached photos.

http://i169.photobucket.com/albums/u230/barns66/APPLICATION.jpg

http://i169.photobucket.com/albums/u230/barns66/assign2.jpg

http://i169.photobucket.com/albums/u230/barns66/assign1.jpg

 

They all say sent me what they say are T & C but i can't make out what it says.

http://i169.photobucket.com/albums/u230/barns66/TERMS1.jpg

http://i169.photobucket.com/albums/u230/barns66/10-19-2008023603PM1.jpg

http://i169.photobucket.com/albums/u230/barns66/10-19-2008023745PM2.jpg

 

Does this look right or is there something wrong with it.

 

barns66

Edited by barns66
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Hi

I had a thread in the general debt section about this,sorry if i should not have posted here,i have been dealing with Cabot after Goldfish credit sold the debt onto them, i sent cca to them and eventually received back a letter from them in late April or May stating that they could not locate my agreement and would put it on hold but keeping searching for it.Last Friday Cabot sent me what they call the agreement it's not even signed by them just initialed and a letter on Goldfish headed paper saying the debt as been assigned to Cabot,i had one of these in April saying the same thing, see attached photos.

http://i169.photobucket.com/albums/u...PPLICATION.jpg

http://i169.photobucket.com/albums/u...66/assign2.jpg

http://i169.photobucket.com/albums/u...66/assign1.jpg

 

They all say sent me what they say are T & C but i can't make out what it says.

http://i169.photobucket.com/albums/u...s66/TERMS1.jpg

http://i169.photobucket.com/albums/u...8023603PM1.jpg

http://i169.photobucket.com/albums/u...8023745PM2.jpg

 

Does this look right or is there something wrong with it.

 

barns66

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I cant read it but it looks like the usual unenforceable rubbish from goldfish,

 

Also interesting that the purported NoA from goldfish has the same font as cabot always use:rolleyes:

Please note i have no legal training any advice i give comes from my own experience and from what i have learned on this site

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