cabholt

THE_LONE_RANGER_4

hi, im getting down my debts very nicely thankyou,alas ive one who is proving difficult its for 5k cabolt have asked me for £500 per month and said it can be paid of very quickly alas it wont be cos i cant afford that any one with info on this company and any suggestions on getting them to listen

paul10mm

hi
do you mean Cabot at kings hill in kent?? one of the few companys i did not have problems with,Have they not accepted your budget plan? i dealt with them on there web site and had no problems Perhaps you shouls speak to them again?

Harassed_2

Cabot Financial are debt buyers, who was the original creditor?

THE_LONE_RANGER_4

monument credit card they also asked could i remortgage etc

Harassed_2

In which case, establish that Cabot have gone through the correct procedures in buyin the debt. Until they supply the documents requested in the letter below, pay them nothing.

Write to them, using the letter below. Send it by Recorded Delivery and enclose a £1 postal order in payment of the statutory fee.

I do not acknowledge ANY debt to your company. I require you to supply the following documentation before I will correspond further on this matter.

1. You must supply me with a true copy of the alleged agreement you refer to. This is my right under your obligation to supply a copy of the agreement under the legislation contained within s.78 (1) Consumer Credit Act 1974 (s.77 (1) for fixed sum credit) - your obligation also extends to providing a statement of account. I enclose a £1 postal order in payment of the statutory fee, PO Serial Number xxxxx.

2. A signed true copy of the deed of assignment of the above referenced agreement that you allege exists.

3. You are notified that you are obliged to supply these documents, whether you are the original creditor or not under S189 of the CCA 1974.

Non-compliance with my request is a criminal offence under the above Act and will result in a report being submitted to the relevant statutory authorities.

As you are aware, a credit agreement that is not properly documented and signed by the customer is totally unenforceable under the CCA and therefore is a complete defence to any court claim that is issued.

Take note at this stage, that any legal action you may contemplate will be both vigorously defended and contested.