Cabot

samma_2

Thank you for your response Ames
I will get onto it.

samma_2

Hello again
I have prepared the necessary templates to send but I wondered if I can send them together as they have passed the required time limits for 12+2+30 letter already,(expired 13 July 09) and thus I am only following the required process, or do I need to still send them seperate
Thank you for any advice received.(hope this makes sense to you)

samma_2

Today I have rec'd the following Letter (2 pages ) from CABOT in response to 40 days letter

Any advice as to content please:) Thank you

wayne99

So cabot are sending you conficting information on two of those letters from the way iam reading it,

letter dated 22nd june - states they are unable to provide the information at this time as the original creditor cannot find the cca in there archives.

and then there snooty responce to processing data states:

cabot is legally entitled and obligated to process data to the cra's under the original credit agreement. (that they dont have and cannot provide)

under the terms of the credit agreement that you signed with the creditor (for which no one can provide) you concented to data being passed to third parties and cra's

can i add the orignial credit agreement that cannot be found, they have no posession of it and there letter on the 22nd of june confirms this so how can they continue processing your data and reporting to the cra's ? without the agreement there quoting, and also being unable to provide the agreement as the original creditor cannot find it ?

perhaps i have missed something obvious here or do the terms in the dpa over ride the fact they have no cca ?

samma_2

Thank you for your response
Yes, that hit me immediately...if they don't hold the CCA then how do they know what it says on it?

Can anyone tell me if there is any further response I should need to make to CABOT?

costapkt

I am in same situation with Cabot, do not pay them anything. I am over twelve months down the line waitng for a CCA from them. Do not rattle their cage by contacting them. Just relax and put them on the backburner.
It's their problem now.

samma_2

I sent the 40 days letter as I was advised that I had to follow the process..my question now is:
Have I now done all I should have to follow the process or is there more to be done.
Cabot seem to be saying that they are not going to stop processing my details, is there something I should be doing about that?
Any advice appreciated.
Thank you

gfplux

Hello samma,

I am not able to help you with the CCA business as I have never read up on this.
However in the thread you have been given advise by people who appear know about this process. Have you followed all the steps they told you about. If so you are now in a waiting game.
If you are very, very lucky (this is only from skipping over discussions on the CCA issue) you may find the debt will disappear.
However you should plan for the worst and hope for the best.
You certainly should be putting the original £10 a month on one side just in case.

Why not make out your SOA (link - http://www.makesenseofcards.com/soacalc.html ) Try not to guess at the figures, dig out the paperwork! However remember a partial completed one is better than none. It is in fact one of the most important things you will do to start on the road to recovery. If you want a lot of help on this forum, posting your SOA is the first and most important step. After it is done it is very easy to keep it up to date. In my opinion everyone should have an up to date SOA even if you have little or no debt. It is a great tool to manage your life with.


Good Luck.

samma_2

Thank you for your response.

I really need to know what the letter is saying...is it trying to blind me with double speak OR are they actually telling the truth(whatever that may be as I don't understand the jargon used)

It also helps other members if they are in the same situation, so any help really appreciated.

I don't feel the need to do an SOA as I only have 1 creditor now and my husband has 1 creditor also. We have been doing our own DMP for some years now so we know where we are with money, its going smoothly at the moment...my only query is the CABOT thing

anyone??

Hippocampus

Cabot will threaten and bully, but ultimately they tend to acknowledge, even if only to themselves, that they have no chance of recovery in situations like these.

You will NEVER get them to remove a default. Not even if you were to pay them the whole amount. However, the chances of them trying to enforce this now are minimal. I wouldn't even bother putting that tenner to one side.

I have been battling this lot for a couple of years now. Final stage is a complaint to the ICO to get them to make Cabot remove the default. Still ongoing, and at this rate the default will have dropped off before any action is taken.

So if the default isn't causing you any problems, I'd tend to just let sleeping dogs lie. You will likely get the occasional burp from Cabot, but a swift Get Stuffed letter usually suffices.

If they haven't found an agreement by now, chances are they never will. And if one DID mysteriously turn up, even if they tried to enforce it, they cannot back date all that interest since the account is still in dispute.