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Re argos debt
alliballi
Posts: 241 Forumite
in Credit cards
I previously posted this message about a week ago and thought I would give an update on how I got on:
Hope someone can help. My husband received a phone call from a company called Cabot about an argos credit card debt from 2001. They said they bought the debt over in 2006. My husband told them he didnt have an argos card and asked for info to be sent out to him, but they said no he would have to post them his signature, yeah like that will happen when we dont know who they are or what it is about. Any help or advice on this would be appreciated. Sorry if I have posted this on wrong forum new to this.
The upshot is I received lots of help and letter templates from other lovely forum members and today received a letter from Cabot Financial which says:
We acknowledge that your account is statue barred and so governed by the Limitation Act 1980. Under the OFT guidelines it is accepted that legally the debt still exists but that the collections of these debts must in no way be contrary to section 40 (1) of the Administration of Justice Act 1970.
Whilst we don't consider our actions to have breached any law or regulatory guideline, your account has been withdrawn from our regular collections process.
We are so happy with this outcome after receiving horrible phone calls from this company about a debt we didnt know exsisted, and who wanted my husband to send his signature in to them. If it wasn't for the advice and help I got here I would still be tryng to deal with this, so a huge thank you to all.
:T
Hope someone can help. My husband received a phone call from a company called Cabot about an argos credit card debt from 2001. They said they bought the debt over in 2006. My husband told them he didnt have an argos card and asked for info to be sent out to him, but they said no he would have to post them his signature, yeah like that will happen when we dont know who they are or what it is about. Any help or advice on this would be appreciated. Sorry if I have posted this on wrong forum new to this.
The upshot is I received lots of help and letter templates from other lovely forum members and today received a letter from Cabot Financial which says:
We acknowledge that your account is statue barred and so governed by the Limitation Act 1980. Under the OFT guidelines it is accepted that legally the debt still exists but that the collections of these debts must in no way be contrary to section 40 (1) of the Administration of Justice Act 1970.
Whilst we don't consider our actions to have breached any law or regulatory guideline, your account has been withdrawn from our regular collections process.
We are so happy with this outcome after receiving horrible phone calls from this company about a debt we didnt know exsisted, and who wanted my husband to send his signature in to them. If it wasn't for the advice and help I got here I would still be tryng to deal with this, so a huge thank you to all.
:T
If you think nobody cares if you're alive, try missing a couple of car payments.;)
Everyone is entitled to an opinion whether you think its right or wrong, courtesy costs nothing :cool:
Everyone is entitled to an opinion whether you think its right or wrong, courtesy costs nothing :cool:
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Comments
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That's brilliant! Well done!:money:Got Halifax Classic to reduce my interest rate by 5% woohoo - 10/06/08 Thanks MSE!
Another 3% shaved off 10/12/08
ANOTHER 4 % June 09:beer:0 -
Thank you, happy days for now :jIf you think nobody cares if you're alive, try missing a couple of car payments.;)
Everyone is entitled to an opinion whether you think its right or wrong, courtesy costs nothing :cool:0 -
Yes, I remember reading your other thread last week.
Congratulations, alliballi, & thanks for sharing this with us.
:beer:People who don't know their rights, don't actually have those rights.0 -
Great news.
Cabot are an absolutely horrible company, so even better.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
MSE forum people are soooo helpful When dealing with the CSA its important to note that it is commonly accepted as unfit for purpose, and by default this also means the staff are unfit for purpose.0
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Hi all
Yeah this company seem to be really horrible had to laugh at letter we dont think we have done anything wrong yeah right only wanted my husbands signature and his driving licsense, glad its done though but wonder if it will be sold to someone else knowing my luck I will have to go through it again, though hope not, thanks again everyone for your nice comments and help.If you think nobody cares if you're alive, try missing a couple of car payments.;)
Everyone is entitled to an opinion whether you think its right or wrong, courtesy costs nothing :cool:0 -
Well done - original thread is here: http://forums.moneysavingexpert.com/showthread.html?p=25300313&highlight=#post25300313
2010 - year of the troll
Niddy - Over & Out :wave:
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Thank you "never in doubt" for putting in previous thread, new to this so didnt know how to do that lol, appreciate it and your help xIf you think nobody cares if you're alive, try missing a couple of car payments.;)
Everyone is entitled to an opinion whether you think its right or wrong, courtesy costs nothing :cool:0
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