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Old Abbey National Debt ! Help pls
chrisp1968
Posts: 22 Forumite
Hi, i have an old Abbey National Debt from 15+ years ago, it was sold to Equidebt and has now gone to Cabot, i have done a CCA request to Cabot and wanted to know what chance have they got of providing a Credit Agreement as the debt is so old ? I've read any paperwork is deleted after 6 years ! is this true. Any help would be appreciated. Can't go statute barred route as i've acknowledged this debt !!!
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Nil. Statute barred so tell them so.
Unless you've paid anything in the past 6 years that is....
These companies are getting desperate!I'm Debt Free :j 2/09/2013
Debt at LBM 30/04/2010 £24,109.38,0 -
Was there ever a period of 6 years during which you didn't pay or acknowledge the debt is writing?
Companies are free to keep paperwork beyond 6 years if there is a reason to do so. For example the account is still live or owing.
No way of saying what they have held on to and what they didn't.
Probable unlikely, but you never know. I've seen paperwork from early 80's or even late 70's produced in some cases.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 -
Although wait till they come back with a reply. I bet it says they are contacting the original lender and will get back to you.I'm Debt Free :j 2/09/2013
Debt at LBM 30/04/2010 £24,109.38,0 -
Hi, thanks for the quick replies, i have paid towards this debt until November last year and yes they say they will contact Original Creditor and that will take 40 days !0
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chrisp1968 wrote: »Hi, thanks for the quick replies, i have paid towards this debt until November last year and yes they say they will contact Original Creditor and that will take 40 days !
Wont be SB then, but excellent chance there will be no paperwork after all this time.
Wait and see what they come back to you with, then re-post if you need further advice.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
chrisp1968 wrote: »Hi, thanks for the quick replies, i have paid towards this debt until November last year and yes they say they will contact Original Creditor and that will take 40 days !
You know, I read your original post and I'm sure it didn't say you acknowledged the debt....I'm getting old.
Ah well, just sit and wait now.I'm Debt Free :j 2/09/2013
Debt at LBM 30/04/2010 £24,109.38,0 -
Hello there,
Based upon evidence from callers I've spoken to over the years I think it may be difficult, although not impossible, for the information to be found. What's also on your side is that Abbey went through a significant amount of change and reform since the date you took out the agreement - it may be incredibly tricky for the information to be found. Of course I cannot say for sure but I would certainly be surprised if the original agreement can be found. You may discover that a 'reconstituted' version is supplied to you. Although this may satisfy the information request you have made it wouldn't be able to prove whether or not there is a legally enforceable agreement in existence.
Best wishes,
David @ Natioanal Debtline.We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
Formal CCA request template letter, amongst others, is available here :
http://forums.moneysavingexpert.com/showthread.html?t=963087
I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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