F&F offers, or do I need to? Advice needed..

sourcrates

Hi,

The letter is ok, but why waste £500 on an unenforceable debt in the first place ?

It’s a simple matter of law, they cannot enforce the agreement without an actual agreement, so why put £500 into Cabot’s coffers ?

The Consumer credit act states you are not liable to pay a debt where compliant paperwork cannot be produced, If it were me I’d stop paying and leave it to fester.

Mozziebite65

Hi again. Yes, you're right. That would be a certainly cheaper approach. It's just that the possibility that they "might" secure the paperwork down the line makes it worth a small offer to close the account once and for all. After 15 years of having these debts hanging over me, it's worth it. But if they don't accept the offers, then that's up to them. The Reston case though, with the old (maybe too old) CCJ might be a bit less straightforward.

steveh2010

Hi Mozziebite65


I'm currently in a similar situation with Cabot. I was wondering if you'd had any further developments with them since your last response in December 2018 ?