Jump to content


Cabot - Old Lloyds TSB Credit Card


Recommended Posts

On 3 February 2003 I opened a credit card account with Lloyds TSB.

 

In May 2009 I defaulted and the proverbial hit the fan and the debt was passed to Cabot.

 

Any PPI was investigated by the Citizen’s Advice Bureau back in 2009 and all was found to be above board.

 

I have since that time continued to pay £1 every month to Cabot without sending any details of my income mainly because my circumstances never changed.

 

Recently I have received a letter from Cabot Financial.

They’re considering legal action as they require an update about my situation.

If they do not hear from me within 28 days my account will be placed with their solicitors whereby they will send me a “Letter Before Action” and subsequently a court claim will be issued against me. It details all the threats of a CCJ and the outcome from obtaining that would bring, including a warrant of control – enforcement agents (bailiffs) will visit me at home for the money or remove goods.

 

I am unemployed but not claiming benefits.

Do not own any property or goods of any substantial value, only a second hand bicycle and this computer bought in 2012.

 

I’m not too concerned about a CCJ and I’d rather get this done and dusted after all these years of waiting for such a letter from Cabot.

The debt today stands at £9500.00

 

Perhaps the next step should be send a SAR to Lloyds and a CPR 31.14 to Cabot…. And await the claim form.

 

Link to post
Share on other sites

no you should have sent the fleecers a CCA request the moment they bough the debt

instead of blindly paying a powerless DCA and running the Statute Barred date to infinity.

 

do it now.

 

and read their letters carefully

doesn't say WILL anything 

 

see the red bits below about DCA's 

if you can't see them.

tell me..

 

dx

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

must send a letter of claim first via the 2015 pre action protocol...

 

 

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...