Cabot Chasing a Goldfish

[MrGreen]

Cabot are chasing me for a 12 year old Goldfish debt. I've just sent them a CCA.

 

Who owns Goldfish now?

[AndyOrch]

Pretty sure it was Barclays......they also bought Morgan Stanley Dean Witter CCs.

 

Andy

[unclebulgaria67]

Pretty sure it was Barclays......they also bought Morgan Stanley Dean Witter CCs.

 

Andy

 

Yep, a quick forum research shows that Barclaycard took over these accounts.

 

If the debt is more than 6 years old, without any payment or acknowledgement, i think i would send Cabot a statute barred letter first.

[dx100uk]

they've no change in hell of getting an enforceable goldfish agreement.

[MrGreen]

That's what I thought.

[dx100uk]

Is this on your credit file

[MrGreen]

I don't know. I'm nervous about submitting my details to a credit report company.

[dx100uk]

why?

what old wives tales have you been reading?

[MrGreen]

Stuff like this:

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?475498-Stat-Barred-Credit-File-searched-Letter-received(3-Viewing)-nbsp

[dx100uk]

that's got nothing to do with your credit file

you are there anyway

and you looking at it does not show to anyone anyway listed on it

 

I hope you've not being doing the other things that certain stupid websites advocate

like not registering on voters or tell creditors you've moved?

 

I wouldn't of paniced and sent them a CCA either on 12yrs old debt.

 

so they have your address now anyway

so what the point in not looking at your credit file?? stupid logic there too.

 

just remember

a DCA is NOT A BAILIFF

they can do nothing more legally than you or 1

 

that's issue a claimform if they think they are owed money

 

go get it

[MrGreen]

Thanks for the advice. I didn't panic, Cabot have been chasing me for years. I CCA'd them on a BOS debt so I suspect they think they can apply pressure on this debt as well.

 

I've just checked my credit file, nothing on there. What does that mean, that it's dropped off after 6 years?

[dx100uk]

probably that it was previously defaulted.

 

 

All references to a defaulted debt must be removed from your credit files after 6 years

has passed from date of default, whether paid off, paying now or not.

.

{the WHOLE ACCOUNT WILL VANISH, never to return}.

.

{however, this does not mean the debt itself is not still owed

consider a CCA request.}

.

This is so that someone who continues paying something

- even after 6 years from default

- should not be at a disadvantage to someone who pays nothing after default

and ends up with a clean file after 6 years.

.

 

 

just remember in E&W a SB'd debt still exists

the owner can ask for payment

you can equally ask them to go away...

 

 

best to ignore them mind

 

NOTE: {the bracketed text is not ICO guideline but my advise]

[MrGreen]

Thanks for the advice, I'll see what Cabot come back with but I'll definitely be giving you guys a donation. Great site!

[MrGreen]

I got my postal order back from Cabot today with a letter that said:

 

"Unfortunately, it appears that Goldfish are unlikely to be able to provide the requested documentation. Therefore, I can confirm that Cabot Financial Limited have taken the decision to no longer pursue collection of this account.

 

Please note that this decision is not to be confused or interpreted as a write-off of the outstanding balance on your account as the debt legally remains. In addition, I can confirm due to the time elapsed this entry should no longer appear on your credit file".

 

 

I'm guessing they'll sell this to some other DCA, is that the usual course of action?

[Guest Mrs Hobbit]

yes, they will have a sale and get rid of what they can't collect on. I guess you will eventually get a letter in the future from another bottom feeder.

 

if a new bottom feeder does get in touch, just send them a Statute Barred letter and let them do what they will.

[dx100uk]

well I wouldn't

 

next time just ignore them...don't panic and fire anything off without coming here FIRST.

 

then you wont be entering into pointless letter tennis.

[MrGreen]

Thanks, will sit tight.