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    • Make sure the WS is sent 14 days before the hearing. You can e-mail the court theirs.  In the subject line put the case number, the names of the parties and "Witness Statement".  Obviously click on "Return Receipt". Send Simple Simon his by 2nd class post - all VCS are worth - and get a free Certificate of Posting from the post office.
    • The outlet is in Camden Town and was set up in 2006, a year after my husband established the business, in addition to selling at exhibitions, online, shows, events, and having licensing agreements in some places overseas.  The only thing I have stopped doing since I got ill is the physical stuff, which I’m working on. The business has not changed name or anything like that either. I’m not sure where the original contract with Camden is but the management must still have it. My husband died in Jan 2017, and until Sept 2018, I would take the stock in every week; after that I was sending it in by post. I went in now and then when possible to re-do the display but that was about it. No one had access to any files until 2020. Moved house in 2020 thought would have to pull it all, Covid had just hit as well. The person in question said he would be interested in taking over and paying the rent etc. so I said I would let him sell the pictures for nothing as long as he would ‘keep it warm’ for me.  Obviously, everywhere was closed for lockdown. During this time I was working out how to go forward.  In May 2022 I told him I couldn’t  give anything away for free anymore, and put in place the wholesale agreement.  I’ve disregarded any discrepancies from before this date. I sent over the jpgs electronically, so I’ve still got them too. He hasn’t got any original files like .psds negatives or memory cards etc, I’ve got proof of all ownership/copyright. A co-op is whereby a small number of neighbours work on a rotational basis so they each of them can have time off, that way everyone doesn’t need to be there at the same time, he had never been an employee of mine.  The only reason I allowed him to have the files in the first place as I didn’t want to lose that side of the business.  It’s a good, constant source of income. However, the rent was becoming crippling as I believed there was something fishy going on well before this as there’s so much cash dealt with there, and I couldn’t go in regularly in person, and I’m sure sales weren’t being recorded properly and cash was being pocketed. My husband was too busy to be doing any stock control properly, he wasn't really into paperwork, and the guy who was ‘helping’ me after my husband's death, was making things very difficult for me to implement a solid stock control system by refusing to co-operate on simple things like using email etc. which I thought was a smokescreen, so I severed ties with him just before I made the agreement in question. I sent about 100 images, jpg files, sent via We Transfer. I’ve got the confirmation of which files were sent with dates. I will have to go through closed bank accounts and previous tax returns to get a proper estimate.   Before I made this agreement, I was selling retail there, this is a wholesale agreement so I’ll have to do some calculations but it is definitely in the thousands.  I haven’t got his his home address, and I don't think he's got any sizeable assets. I’m also worried that he might send the files overseas and start selling them there. I know he’s not stupid enough to sell them online. He knows for sure how serious this is, but he’s been chancing it and thinks I’m stupid, if not soft and stupid. I don’t know if this would work but I am thinking that when he does contact me, I tell him we need to talk, tell him I know what he’s been up to, and strongly urge him not to order any more prints from wherever he is having them printed because it will make things much worse for him if he does. Then when I do tell him about the gravity of the situation, maybe a few days later, I think it will scare him into complying because the consequences definitely trump the few quid he thinks he is saving by getting his own printing done. Tell him an amount that I want back for lost revenue, and make it clear that if he doesn’t destroy the files and if I find out he is still doing it at any point down the line, I will seek prosecution for copyright infringement and fraud, which I will. I don’t know how I can enforce any of this without involving the courts though. I will be able to tell, though, and he will know this. And the only reason I am doing this now rather than before, is that I couldn’t prove anything until now.  It was screamingly obvious from the beginning though, as he wasn’t ordering enough from me to pay the rent, let alone make a profit. If I decided to come down like him lie a ton of bricks straight away, how would I go about a cease and desist, would I have to get one from the court? And what do I do about the stock he currently holds? It has also occurred to me that he might file for bankruptcy or similar if things get heavy, where would that leave me? I could put the feelers out for a brand-new person to take it on, obviously without giving them access to files, that is an option. But that comes with its own set of issues. Also, would there be any implications for me, if I kept quiet for now? Let him order again from me as if nothing has happened, as it will be any day and I want to get all my ducks in a row first ideally….   Thanks again
    • I’ve also just realised their online website they’ve got 12 photographs of my vehicle, including close ups of the inside?? Not sure why that’s relevant.  The time stamp on the first photo is 13:57, the PCN incident time is 14:12. 
    • I’m tempted to send a letter to the company outlining the reasons why I think their PCN is illegitimate. I guess will technically be an appeal.  Their documentation states they won’t discuss over phone, I also don’t want them to have my email address.    re signage on entrance, having looked at land registry, the whole road is private, and when you turn into the road off the highway, there is a sign on the lamppost about 20m in, again not noticeable and on the other side of the road.  I feel like I am in a difficult position with this, I understand that I may have a good chance of not having to pay, but at the same token the stress this is already causing me makes me feel like it’s not worth the £60!
    • Well done with the photo. Of course the signage is insufficient.  PPM are not interested in competent management of a car park, they are interested in catching drivers out so they can issue their PCNs. For a start, according to their trade associations' Codes of Practice, they are supposed to have signage at the entrance. Any e-mail reply from the company and whether they will/won't/can/can't get the invoice cancelled?    
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      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

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    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

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      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
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Cabot loses £6m as crunch bites collections - My heart bleeds...


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Oh dear. And the poor souls bought 4 of my debts that didn't have the legality of toilet paper and unfortuntely they didn't get a penny from me as a return on their investment. In fact, one of them was from Citigroup and Citigroup kept collecting Money from CCCS after they had sold the debt to Cabot. So next month I am afraid I am taking Citigroup to court to get that money back and I am taking Cabot to court for their default entry. Poor Ken. He'll have to get his cheque book out and lose even more money.:-D

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Just to make this a little sweeter...I'd almost missed this bit - well I DID miss it:

 

This is far worse than I'd first thought..a £6.7mill loss in 2007-08? - against a profit of £9.6 mill the previous year - That's a staggering £17million :eek: swing not just £6.7 million :D and if you make £9.6million in a year, your projections and budgets/forecasts for the next year are growth year on year. Even an increase by 10% takes that expectation to over 10 possibly £11 million quid...profits - to turn that into a £6.7 million loss means you've not only lost the 10/11 million you'd expected but it's worse by a further 6.7m making the loss nearer £18 - £20 million - :D Ha-ha, now you can all carry on blowing those trumpets my friends and slapping yourself happy on the back for being crucial contributors to this...keep on complaining to them and about them to the OFT!! Support the Cabot Fan Club and Cag in bringing these parasites to heel and making them ABIDE BY THE LAW - which is all we ever campaigned for them to do - their losses are a reflection of how effective we have all been. Well done everyone..:D

 

Even brillianter than we dimwit rogue debtors gived ourselfs credit four! :D:D

 

 

;)

Edited by andrew1
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Just to make this a little sweeter...I'd almost missed this bit - well I DID miss it:

 

This is far worse than I'd first thought..a £6.7mill loss in 2007-08? - against a profit of £9.6 mill the previous year - That's a staggering £17million :eek: swing not just £6.7 million :D and if you make £9.6million in a year, your projections and budgets/forecasts for the next year are growth year on year. Even an increase by 10% takes that expectation to over 10 possibly £11 million quid...profits - to turn that into a £6.7 million loss means you've not only lost the 10/11 million you'd expected but it's worse by a further 6.7m making the loss nearer £18 - £20 million - :D Ha-ha, now you can all carry on blowing those trumpets my friends and slapping yourself happy on the back for being crucial contributors to this...keep on complaining to them and about them to the OFT!! Support the Cabot Fan Club and Cag in bringing these parasites to heel and making them ABIDE BY THE LAW - which is all we ever campaigned for them to do - their losses are a reflection of how effective we have all been. Well done everyone..:D

 

Even brillianter than we dimwit rogue debtors gived ourselfs credit four! :D:D

 

 

;)

 

But what do you think Ken and Glen get paid every year? .. £500 k - 600 - 700? -- Who knows...but if there has to be cuts, do you think Ken's wage is decreasing?....No, me either....The cuts will come elsewhere, one suspects there are internal mails floating around re saving pens, paper etc etc, and if the losses continue- the staff on the shop floor will be first to go- not that I'm bothered...they could all lose their jobs for all I care.

 

It is great news that Cabot have lost a few million and long may it continue - perhaps one day they'll realise there's no future in the DCA business, well not for accounts dated pre 2008 that is.

 

Just one final question; if web sites like this one didn't exist, if groups like the CFC didn't exist (etc) hands up those who think Cabot would still had suffered this loss.....nuff said :-)

  • Haha 1

Just hate every DCA out there

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My heart doesn't bleed but it nearly stopped last year thanks to them. Seriously.

Now my heart is ICE towards them.

ICE I tell you. :mad:

- only kidding (about the icy heart bit anyway :)

Blessss the s(t)inking ship Crapbot and all who lie cheat and steal in her. ;)

  • Haha 1

We will not be intimidated.

'The pen is mightier than the sword'.

Petition to Outlaw Debt Sale and Purchase

- can't read/post much as eye strain's v.bad.

VIVA CAG!!! :)

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  • 4 weeks later...
  • 1 month later...

Debt buyers are ‘walking dead’

 

Debt buyers are ‘walking dead’ - 19/11/2009 - says Credit Today Magazine!

 

...and what are Cabot? :D

 

Quote:

 

Not all debt buyers have survived the recession intact according to a speaker at Credit Today’s Debt Sale and Purchase conference.

 

Lawrence Guthrie, managing director of adviser Hawkpoint Partners, today told delegates that despite the lack of public failure, the recession has badly affected debt purchasers. "Quite a few companies aren’t around today buying portfolios when they were two or three years ago," he said. "They are the walking dead. They will survive for a period of time but will gradually wind down."

 

Guthrie added that to be successful debt buyers must anticipate regulatory change and plan for it, rather than reacting once it is implemented. "The debt purchase industry badly needs more co-ordinated leadership," he said.

 

Guthrie also raised the possibility that debt buyers could float on the stock market in future. However, fellow panellists Howard Garland, principal – equity finance – at RBS Global Banking and Markets, and Simon Hemley, partner at Gresham Private Equity, raised concerns that the need for ongoing funding could make this strategy difficult.

 

"Access to funds after the initial transaction can be far more complicated and take up far more of the management’s time and energy," said Hemley.

 

Garland added: "I’m not sure these businesses are suitable for the public market. They are users of capital and their brands are not built up in the same way. Never say never, but I’m not sure they’re suitable."

 

My heart bleeds even more now :D:D:p:p:D:D

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I am like the old crones with their knitting and their pipes sitting round the guillotine during the Frence Revolution. Every time the tumbrils roll and I hear that the next one is about to meet a sorry end, I cheer like H!!:D

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Brilliant. Dead men walking. Their shyster operations were based on misery, lies, total deception and twisting the laws of this land. Oh forgot bullying too. It never was a "proper", ethical business which could build a brand.

The only floating they'll be doing is with the guano in the sewers.

There is a God after all and he with Dragon's Den.

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Do you think "Gail" from Corrie will instruct "Kev Webster" to get her new chap out of the debt problem he is in? :)

 

At the moment it looks like an ad for DCA's, bills arrive oh lets sell the house to pay them all off then we will be happy!!

Advice & opinions given by spartathisis are personal, are not endorsed by Consumer Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.:)

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I think there is a good chance of them going bust. They are stuck with a pile of unenforceable debts and are now using desperate measures trying to chase down all the old moth-eaten useless, unenforeceable toilet paper in the cupboard - all that is going to get them is a swift kick up their corporate derrieres from the OFT in due course. There is no new finance for this industry and Ken Maynard spoke of new business coming on the market, not saying a word about what they are getting zero return on now. They got away with buying debts that were unenforceable for years but now that people know their rights they aren't playing ball with Cabot anymore and Cabot are stuck with it. As the man said at their gong awards, the walking dead who didn't see the writing on the wall. Serves them right.

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