Bankrupt and being chased by Cabot Financial - ignore or respond to them ??
in Bankruptcy & living with it
9 replies 447 views
As always I am turning to you all for a bit of advice as hubby and I are disagreeing on the route to take !!
I was declared bankrupt in October 2015 - discharged 2016 - This past month I have been chased by Cabot Financial for a debt they have taken on from Virgin Money/MBNA - I thought put my new head on and answer them, went through the facts with them and had someone who obviously didnt understand bankruptcy- since then they are phoning a lot and text messages etc
Should I write to them and state the facts of bankruptcy, give them a copy of the certificate and face it (my thoughts) or as hubby thinks just ignore them ?
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I would ignore
Im assuming it was as they were one of my larger debts and my official receiver was amazingly thorough - she found things id long forgotten about to include !!
Although legally Cabot cannot do much about this debt, they could issue a claim form if ignored for too long.
Ignoring that could land you with a CCJ by default, and although you could get it removed, as the debt was vested in your bankruptcy, it would be a lot of time and hassle to sort things out, paperwork, toing and froing etc.
When all you really have to do is send them a short note, something along the lines of -
The account you have contacted me about was included in my bankruptcy dated October 2015, and was officially written off on my discharge in October 2016.
I enclose a copy of my bankruptcy order.
If you have any further concerns, may I suggest you contact the official receiver on (insert phone number).
I now consider this matter closed.
For the sake of a piece of A4, it can`t hurt can it.
More than a third of IVA`s fail....fact.
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