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Shoosmiths/Cabot Financial
Hilser
Posts: 10 Forumite
Hi, I wonder if you could advise on the following. I am being chased by Shoosmiths for an outstanding debt to Cabot Financial. I am not aware of exactly what this debt is for and previously wrote to them to request information. Whilst I have not acknowledged the debt, I was previously in financial/debt problems and it is on my credit file so it is possible that the debt is genuine.
On my credit file, the default date was March 2010 so I understand that this should be removed from my file in March 2016.
My question is, if I make an offer of final settlement which is less than the due amount and this is updated on my credit file to partly settled, will the default date remain the same and come off my file in March 2016
Thank you
On my credit file, the default date was March 2010 so I understand that this should be removed from my file in March 2016.
My question is, if I make an offer of final settlement which is less than the due amount and this is updated on my credit file to partly settled, will the default date remain the same and come off my file in March 2016
Thank you
0
Comments
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Yes, default will remain the same.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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