Bankrupt and being chased by Cabot Financial - ignore or respond to them ??

happyhelston

Morning all,

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 ?

Thank you

Becky

luvchocolate

There is nothing they can do...just trying it on. 
I would ignore 

Lills2507

Was this debt included in your bankruptcy? 

If so there’s nothing they can do about it 

JCS1

Have you done a credit file clean up?  That might help with resolving the issue (not sure if they are reporting the debt on your credit files at the moment)

happyhelston

Lills2507 said:

Was this debt included in your bankruptcy? 

If so there’s nothing they can do about it 

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 !!

happyhelston

JCS1 said:

Have you done a credit file clean up?  That might help with resolving the issue (not sure if they are reporting the debt on your credit files at the moment)

Ive been really proactive on getting my credit score and credit file really kept up to date etc - is a credit file clean up something else I should be doing ?

I have not had any contact with them for 5 years - the only other person ive had an issue with is Landmark mortgages who refuse to even answer me !

luvchocolate

As the bankruptcy comes off your credit file in October...I would put it out of your mind..

JCS1

Lills2507 said:

Was this debt included in your bankruptcy? 

If so there’s nothing they can do about it 

Bankruptcy covers all unsecured debts (with a few exceptions) so even if not listed on the paperwork it would be covered 

sourcrates

A word of caution.

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 -


Dear Cabot,

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.

Yours sincerely.



For the sake of a piece of A4, it can`t hurt can it.

happyhelston

Thank you so much for confirming my gut instinct that being proactive is much better - I shall write to them tonight

Regards