Advice required please

laudo

Dont suppose you have heard of a company called Cabolt Finance (or similar sounding) or if you know that theyare a debt collection company?

gibby

only the ppl you had the agreement with can take you to court.

if it hasnt appeared on your credit file you can just ignore it

although any debt advice frim will tell you it has to be repiad


never deal with debt collectors
just deal with the original comapny

if they ahve sold the debt they have been apid with theinsurace you apid for.

G

trafalgar_2

Dont suppose you have heard of a company called Cabolt Finance (or similar sounding) or if you know that theyare a debt collection company?

Found it

http://www.lynx-fs.com/cms_view/news_details_all.asp?article_ref=28

http://www.cabotfinancial.co.uk/whoare.htm


I think this is it because they take over debts then collect/arrange payment ::)

laudo

Yet again thanks thats a great help

zcaprd7

Also if you intend to pay you can negotiate - to them its a lost cause and they will want all they can get.

If you do this you need to make sure they agree to update your credit file (which you should check anyway)

DiggingOut

It is wrong to run out on debt, and it will catch up with you one way or another. What kind of person do you want to see when you look in the mirror?

The fact that they have sold the debt to someone else is not relevant to what kind of person you are going to be. They had every right to sell it, just as the people who bought it had every right to buy it.

The limitation on how long they can chase you may run out, but the limitation on a conscience never does. If you clear it, you'll always be proud of having done the right thing.

laudo

It is wrong to run out on debt, and it will catch up with you one way or another. What kind of person do you want to see when you look in the mirror?


WHO ARE YOU TO JUMP ON THE MORAL HIGH HORSE?
DO ONE

Margaret_Millne

Sorry, I agree with Digging Out. This site is about helping people who have got into difficulties and genuinely want to sort it out. It is not about encouraging people to defraud creditors!!

aliasojo

Whether you agree or disagree with Digging Out, there's no need to be rude.

Did you really feel it was that necessary to write 'DO ONE' ??? That says more about you than the fact you might be trying to avoid your debt.

DiggingOut

WHO ARE YOU TO JUMP ON THE MORAL HIGH HORSE?

I'm just a guy on the internet.

Maybe the force of your response shows your conscience is already bothering you.

I don't think the purpose of this forum is to help people run out on debts, but to help people out honestly.