Jump to content

 

BankFodder BankFodder


B3rty

Cabot letter potential legal action.old MBNA debt

style="text-align:center;"> Please note that this topic has not had any new posts for the last 1163 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Hi

 

I haven't been here for a while and therefore a little out of touch with current practice. Thanks to the help of CAG I managed to win my battles with DCAs quite a few years ago.

 

I have an old credit card debt which is off my credit file and owned by Cabot and for 6/7 years have paid them a nominal amount each month.

 

They send the odd letter asking me to up the payment but I never respond as these are computer generated and I prefer to let sleeping dogs lay.

 

Just had one threatening potential legal action if I don't contact them. I just wondered if they every follow through or if this is best ignored.

 

They don't stand a cat in hells chance of a CCJ as its an old CCA agreement without prescribed terms, however, I do acknowledged the debt and I am making payments.

 

Just interested to know if anyone's had one these and whether they do follow up?

 

Thanks

 

B.


Live Life-Debt Free

Share this post


Link to post
Share on other sites

Thread moved to the appropriate forum until such time an actual claim form is received.

 

Regards

 

Andy


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

Hi Andy

 

Thanks, I'm not too fussed about the claim as I've dealt with them before, albeit a few years ago and it was just a feeler to see if these letters get followed up so i could prepare myself.

 

I had the letter a couple of weeks ago and they put a 14 day deadline on it. The debts under £2k so I feel it may be just blustering to get me to call and agree a higher monthly payment.

 

The irony is I'm not really much better off than when we agreed it 6/7 years ago, so I could call them and go through the rigmaroll of the income and expenditure, its just that i dont see why I should.

 

B


Live Life-Debt Free

Share this post


Link to post
Share on other sites

Yes, I am not a won't pay just a can't pay.


Live Life-Debt Free

Share this post


Link to post
Share on other sites

God b3aty this is like pulling teeth

So what's the debt all about?

Have you already a thread?


..

Share this post


Link to post
Share on other sites

Sorry, I'm not being evasive.

 

It's an old MBNA CC debt that's now owned by Cabot, I have a copy of the original agreement which I obtained from MBNA about 10 years ago and there are no prescribed terms so it can't be enforced by the court.

 

I entered into an agreement to make payments and have made these for the last 6/7 years every month with out fail and ignore any correspondence from them to review, This letter is a little different because it gave me 14 days to call them or they would instruct a solicitor ( in-house paralegal I expect) to pursue the debt.

 

My question was to see if these letters lead anywhere or just fizzle out as most do. I am aware that once you reply or answer a call then it triggers you to the top of their " pester" list, however, if they push this across to their legal dept i may need help to compose a suitable letter.

 

B


Live Life-Debt Free

Share this post


Link to post
Share on other sites

they can instruct a solicitor or they can instruct the firm's cat, it doesnt make a difference to the legality of it.

 

 

They are not threatening to take you to court at all but hope that you have read it as though they have and you fell for it.

leave things as they are

Share this post


Link to post
Share on other sites

if it cant be enforced in court why are you blindly paying them?

 

 

if you've not sent cabot a CCA request

do so

put them to strict proof.


..

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...