Cabot disputing Statute Barred status - what next?

[make them aktiv runners]

On investigating this matter, I can advise that your above referenced account is statute barred and so governed by the Limitation Act 1980. Under the OFT guidelines it is accepted that legally the debt still exists but that collections of these debts must in no way be contrary to section 40 (1) of the Administration of Justice Act 1970.

 

Cabot Financial takes these guidelines very seriously and whilst we do not consider our actions to have breached any law or regulatory guideline, we confirm that this account has been withdrawn from our regular collections process.

 

 

I do not like that reply. It maybe left forever now. The tone suggests they may write politely at lengthy intervals to avoid breaching section 40 (1).

 

To report any further letters to the OFT as breaching their guidelines, make sure you have somewhere stated you will not be paying them at all.

 

For others, nice to see Cabot acknowledge the Administration of Justice Act to the FSO.