CABOT chasing old RBS Debts.

[purplemushroomfairy]

Hello, 

My husband had a debt with RBS which was sent to Cabot around 14 years ago, it's dates from 2004/5.

For 13 years he has paid a pound a month.

 

Suddenly, they are writing threatening him with CCJs etc.

We have, written again asking for the true signed copy of the CCA. 

 

The response was firstly to send another threatening letter and then to say they are, trying to get hold of the CCA. 

At which point would we put this into dispute finally. 

 

Secondly,

all of my debts are now SB but I received a letter from CABOT (never had anything from them before) informing me an overdraft from an account that went into dispute 11 years ago and was SB in 2009 has been passed to Ruthbridge. 

 

I am tempted to send a statute barred letter and tell them politely where to go,

would this be the correct course of action.?

 

Thank you for any advice. 

[London1971]

Cabot have had your husband blind, disgusting. Paying a pound a month, so it won't go statute barred. Just ignore them, no CCA, no pay!

 How much is the debt for?

[purplemushroomfairy]

Hi London 1971,

Husbands debt is for £29k - it was given him for our now very defunct business by RBS.

 

We have asked for the CCA before in 2010 and I think they got it which is why they have had the pound a month.

They wrote again saying that they received our request for CCA and were getting it from RBS,

I am hoping that 13 years later they have not got it .

Tempted to put it in dispute .

 

Regarding the other SB debt

- how on earth CABOT picked it up I don't know that's for £3k an overdraft but I already spent five years fighting MARLIN re that and they agreed it was SB . 

[London1971]

Pers I’d just ignore Cabot on both counts for now.

[purplemushroomfairy]

OK , I have ignored Ruthridge before ....no CCA etc 

[dx100uk]

well as long as cabot have your correct and current address.

 

pers i'd send the SB letter to be sure for your OD debt

 

as for your husbands BUSINESS debt that he has been blindly paying running the SB to infinity.

they would need a signed personal guarantee as well as him signing the CCA on behalf of the company.

 

as the age of the business loan falls nicely into when RBS were castigated and latterly bailed out by joe public for lending £1b's to all and sundry without even the most basis of checks or correct procedures - i suggest thats why they sold it to cabot for peanuts, marlin just being another trading name.

 

ensure they are told in writing of his correct address , stop payments and ignore them 

[purplemushroomfairy]

Thank you , I will get onto this .

 

 

Can you let me know how I reach the library to access the letters please , I just tried and it says I have to be registered which I thought I was .

Thank you 

[dx100uk]

ah i see my own auto links aren't working 

 

debt collection section of the library

 

dx

 

[purplemushroomfairy]

Sorry, just a quick one.

My hb debt with RBS is personal. 

Cabot have responded that they do not have the CCA so need to go back to original lender. 

10 years ago we asked the same and they did present eventually the original CCA via RBS, hence the pound a month. 

Could we place the debt in dispute as they obviously don't own it. 

But scared to just stop paying. We can do without Northampton charges right now. 

[dx100uk]

20 hours ago, purplemushroomfairy said:

Husbands debt is for £29k - it was given him for our now very defunct business by RBS.

 

so it is not in a business name then?

but ofcourse i bet RBS were well aware it was for business start up or WHY.

which is why they dumped a £29K!! debt for pennies to cabot.

 

shame you've blindly been paying for 13yrs mind...

 

have you sent a CCA recently?

 

dx

 

 

[purplemushroomfairy]

Yes, we sent the first one in 2009 and had the same  "we don't have it but will get it" they then produced a true signed copy of the original from RBS. 

 

We sent another mid Sept and received the same letter.

I am now thinking that if they don't have it themselves we should be able to put it into dispute... 

[London1971]

They don't have it , ignore them and stop paying!  Get that statute barred clock ticking. It's super unlikely that RBS will have it after 11 years.

[purplemushroomfairy]

Thanks. Will get the letters sorted out. 

[AndyOrch]

Topic title amended.

[purplemushroomfairy]

Thank you all for your support .

SB letter ready to send to Cabot/Ruthbridge same letter , same envelope .

 

We received two more letters re husband  - 1. we dont have the CCA but are contacting original lender give us more time.

Today - we love you and are here to help , here fill out this income and expenditure form , if you're not happy then complain . so about to do the No CCA Section 10 dispute letter and cancelled DD .

 

Oh we do love a good fight . Thank you all so much .

[dx100uk]

you do not send any failure to supply CCA letter nor the stupid section 10 letter

very old hat NOT any longer applicable.

 

 

 

[AndyOrch]

What is a Section 10 dispute letter 

[dx100uk]

the old stop processing my info letter CAG used to use about 15yrs ago like water.

thing it was discussed in another thread few months ago.

 

[purplemushroomfairy]

So we just say nothing completely and stop the payment? 

[dx100uk]

you should have done that 10yrs+ ago when they failed the CCA then.

all you've done is pay for their drinks down the pub for all these years with your free money and run the SB date to infinity....we call it being cash cowed.

 

 

[purplemushroomfairy]

Thing is they were able to get one which is, why it's the only debt we didn't put in dispute. 

I suppose that's why we are concerned now as they could produce another one from somewhere. 

I spent years trying to sort it all out and most are SB. 

I will just send them an f off letter. 

[dx100uk]

who was and when?

 

dx

[purplemushroomfairy]

Who - Cabot produced CCA true signed copy in 2008/9. 

We - had to pay 

They - threaten CCJ 

We-  request CCA again in the hope they can't produce it now. 

They - send letter asking for income expenditure. 

We- ignore it 

What - now they say they need more time to get it. 

I can't just stop paying surely? 

[dx100uk]

who said the CCA was enforceable?

 

dx

 

[purplemushroomfairy]

At the time all advice was that if the DCA had a true signed copy of CCA then it was enforceable. I got that from here.