Cabot

17 Posts

I have a CCJ which has been sold on firstly to Cabot and then on to Mortimer Clark and now back to Cabot, the original date was 2005 i have not made any payments for many years, I know it will never be statute barred, but the fact is the original debt was MBNA, I cannot even remember for what as its been 18 years ago, Cabot have now said that they are sending someone from orbit to try to connect with me, I do not want anyone to call at my door, a third or fourth party! what can I do, the amount is £2,500, could i be taken to court after all this time, and it not being a debt incurred to this company, but one they purchased, and would a court allow this after all this time? plus the cost of taking me to court for the amount that they say is owed
thank you for any advise
thank you for any advise
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Replies
Unless you are feeling generous?
I'd say either make an offer in full & final settlement or just continue to ignore it.
As the judgement is more than 6 years old, if they wanted to enforce it now, court permission would be needed, and its very rare for creditors to try to obtain this.
Mortimer Clarke and Cabot are one and the same company, the former being the legal arm of the latter.
They are chancing their arm hoping you are going to cave in.
More than a third of IVA`s fail....fact.
Could A Debt Relief Order help you ?
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For free non-judgemental debt advice, contact either : Stepchange, National Debtline, or CitizensAdviceBureaux.