help with cabot and cca reply

brahms29

Hello everybody, thank you in advance for your help
Just under a year ago I received a letter from Cabot demanding payment on an old credit card account (opened 2008 last activity December 2012)
I replied with the standard CCA request and I have now received a packet containing a few screenshots of the digital application, statement of account and some undated generic T&Cs
Owing to ill health I had rather hoped that all this had been left behind me and so receiving this after nearly a year has knocked me sideways
I have no idea what to do next and I don't want to become ill again with the stress, can anyone please advise me?

National_Debtline

Hi brahms29


There is free advice available to help you deal with this so try not to feel stressed about it, your health should always come first. Cabot are required to send an easy to read, true copy of your credit agreement and a statement of account. The true copy must provide the original terms & conditions, information on any changes made and your name and address at the time you took out the agreement. It does not have to be signed.


The statement of the account should tell you how much you still owe, what you still have to pay and when.


If your unsure whether what you have received is adequate you can take the paperwork to your local Citizens Advice Bureau (CAB). If Cabot have fulfilled their obligations it sounds like you may need to look at your options to deal with the debt. CAB can also advise you on these, or one of the other free debt advice agencies.


Susie
@natdebtline

brahms29

Thanks Susie.
Does it matter that I haven't had the deed of assignment? Until they wrote to me I hadn't heard of Cabot

brahms29

Plus, I was never served a default notice, nor have I ever had dealings with Restons solicitors who Cabot want me to "work with". Feeling a little bit baffled by all of this....

sourcrates

Hi

Deeds of assignment are only seen by a court.

It is a list of debts of which yours is only one.

Failure to provide a default notice can be rectified by sending it again, it does not effect your liability for the debt.

What exactly baffles you ?

Is it your debt ? if so and the paperwork is legit, you need to deal with it.

Cabot have bought your debt from the original creditor.

If its not your debt write back and tell them.

Its pretty simple really, ignoring it may lead to legal action, i would say a payment plan is preferable to a CCJ.

National_Debtline

Hi again brahms29


There's no obligation for them to provide you with a deed of acknowledgement, although every time the debt is sold to a new company, that new company should contact you to inform you.


Have you moved since first taking out the debt? There is a possibility some paperwork went to an old address if they were not aware you had moved.


Susie
@natdebtline