Post Office Credit Card (Bank Od Ireland) sold to Cabot...Statue Barred.

[minkie64]

Hi,

 

Looking for some help and advice please. Back in 2011 and I had a breakdown and ignored all post, until 2013...

 

Pre 2011 I had a credit card with the Post office. I haven't made any payments on this since March or April or May 2011. 

 

I have no post from 2013 regarding this debt.

 

Today I got a letter from them saying that from 29th July 2020, The Bank Of Ireland  have sold the outstanding balance to Cabot...

 

My questions are

1) since not heard in over 7 years  is this not Statue Barred? 

2) should I engage with Cabot?

 

do I ignore this, file it away and wait to see what happens next?

 

Thanks 

[dx100uk]

no payment since may 2011 and they are just defaulting this and selling it on!! blimey thats crass.

 

you sure the letter was from BOI and not Cabot ?

have you moved since taking this card out

but yes its well SB'd..

 

can you scan up the letter to PDF please Read upload carefully

 

dx

 

[AndyOrch]

Quote

do I ignore this, file it away and wait to see what happens next?

 

 

I would.....if they start getting stroppy send the Statute Barred letter.

 

Andy

[minkie64]

DX - 100 UK - Attached is the letter from BOI 

 

I have moved in May 2018 and this is the first from them. Had post redirected for a year.

 

 

BOI 29-converted.pdf

Andy,

 

Thanks, I have downloaded the letter template from here to send them..

 

 

Edited September 29, 2020 by minkie64
missed information

[dx100uk]

so to all effect you've not informed the post office of your correct and current address in writing?

so how did you get that letter?

 

 

[minkie64]

Hi

 

I have not told the Post Office I have moved.

For a start, I had nothing with my account details on and secondly, I hoped if I never heard from them it would just become unenforceable..

.Wrong, yes, but I can't pay the debt.

Thankfully now, I own nothing as I am living with my parents.

 

I have other accounts with that Cabot manage,  am on the electoral roll so guessing they have found me this way?

 

The letter came in the post. 

[dx100uk]

you must always inform any debt owners of a change of address in writing by royal mail

 

 

as for your other accounts being managed by cabot.. i hope you are not blindly paying them anything without checking enforceability first?

else this could explain whats going on..they want to mug you on this debt too!

 

 

[minkie64]

 

I must confess to not even thinking about telling them, especially since I haven't heard anything from them for years, they weren't on my to contact list.

 

I always come here for advice before I reply and I am certainly not paying anyone unless I have too ( 1 ccj is being paid at £1 a month) 

 

Since getting my head out of the sand I have been very careful on keeping all letters and taking advice before I respond and keeping copies of all correspondence.

 

 

 

 

[dx100uk]

it wouldn't hurt you to send the PO an sar using the AD on that letter.

 

it could be that they left it years to default it.

then are selling it to cabot within 6yrs from that default (though this would be make it still showing on your credit file too)

 

that, in terms of a recent ruling make it seem as though the debt is still chasable as the ruling in the appeal court sort of indicated that the S is now defaulted date + 14 days, but if a creditor took months even years to default it, that is challengeable.

 

worthy to get the info IMHO. that will also give the PO your correct address.

[minkie64]

Hi,

 

I got this today!

 

Shall I contact PO even though they have said it's sold on and all contact should be with Cabot? 

 

This hasn't been on my credit file for a long time, I use Credit Karma  because it's free,  and the only negative mark on my file now is the one CCJ ( will drop off next year)

 

Thanks for your help

 

edited cab po.pdf

[AndyOrch]

Ruthbridge deal with all of Cabots Statute Barred debts...you may get a couple of letters then they give up.

 

 

File and ignore.

[dx100uk]

debt buyers only ever get debt details in a portfolio spreadsheet containing 1000's of people - one line each, so they can pop it in the automictic threat-o-gram pc to spew out crap. they obv thus never get any paperwork.

[minkie64]

Andy 

 

woohooo, thank youuuuuuuuuuuuu

 

 

DX100uk

 

Thank you for all your help

 

This site and your team are absolutely amazing...

 

Stay safe