cabot financial

flicky14

hi I,m a newbe here so don't know if I,m posting in the right place but I had a claim form from Northampton to do with cabot financial uk limited re a debt I had with jd Williams 7 years ago, I haven't acknowledged the debt for at least 5/6 years, last time was to ask for a signed credit agreenment which they didn't do. but now ive had this court letter. what do I do?? I really need ur help guys just don't know which way to go . thanks

flicky14

would really appreciate any help x

flicky14

can anybody help

harveybobbles

You'd be better posting over on CAG

rizla_king

http://www.legalbeagles.info/forums/showthread.php?51431-cabot-financial-and-court-claim-plz-help

bit_of_a_blurr

Hi, I am also new here. I must admit there are several blogs about Cabot and not many of them are good and put them in the category of parasites. I have two questions, 1. Have they ever taken over Creation Finance? 2. They claim to have bought the debt (Lie?) but I am still paying the agreed amount to another company that insist they are the collectors and transactions are still current and recorded. How can I get Cabot off my back! They call twice a day and are sending letters, for which I haven’t replied too. What is the legal terminology to write back to them if I do acknowledge them? And, could this be a ploy to establish contact with me before actually buying the debt or any other debt I have. Thank you, any advice will be most welcome.

sourcrates

bit_of_a_blurr wrote: »

Hi, I am also new here. I must admit there are several blogs about Cabot and not many of them are good and put them in the category of parasites. I have two questions, 1. Have they ever taken over Creation Finance? 2. They claim to have bought the debt (Lie?) but I am still paying the agreed amount to another company that insist they are the collectors and transactions are still current and recorded. How can I get Cabot off my back! They call twice a day and are sending letters, for which I haven’t replied too. What is the legal terminology to write back to them if I do acknowledge them? And, could this be a ploy to establish contact with me before actually buying the debt or any other debt I have. Thank you, any advice will be most welcome.

Simply write to Cabot and ask for a copy of the notice of assignment, also ask them to confirm they are the legal owners of the debt and have the authority to collect it.
Explain you are still paying a previous owner of the debt, and you want clarification on who you should be paying.
The FSA (was OFT) advise this sort of behaviour is unfair to debtors, and you will consider reporting them should they not respond to your request.