Cabot Credit Management Group Limited is based in Kings Hill in Kent and has multiple offices throughout the UK. They are part of the Cabot Credit Management Group and have been operating since 1998. The Cabot Group of Companies specialise in purchasing consumer credit debt.
Companies that are part of the Cabot Credit Management Group include:
- Cabot Financial (Europe) Limited
- Cabot Financial (UK) Limited
- Cabot Financial Limited
- MFS Portfolio Limited
- Cabot Financial (Marlin) Limited
- Marlin Europe II Limited (ME II Limited)
- Marlin Europe V Limited (ME V Limited)
The Cabot website uses the quote “I’d never heard of Cabot until I got into debt”. That is something we can relate to, as many of our clients have said similar to us after having received a claim form issued by Cabot or notice from the court that Cabot are trying to enforce a default judgment the Defendant was not aware of.
Enforcement includes instructing bailiffs, attachment of earning orders, orders for questioning, charging orders and orders for sale. Cabot have also been known to use the bankruptcy process once they have obtained judgment.
Cabot usually issue the claims against consumers in bulk using a firm of Solicitors namely Mortimer Clarke Solicitors, who are also part of the Cabot Group. Prior to issue of proceedings they usually instruct Westcot Credit Services who are also part of the Cabot Group of companies to chase the debt.
If you have received a letter of claim or a County Court Claim from Cabot, or Cabot have obtained a default judgment against you, we can advise you how to proceed, or we can act for you. These claims can be defended and default judgments set aside.
Our view is that these companies, once they issue county court proceedings must show us and the courts that they have complied with the statutory requirements of the Consumer Credit Act 1974, the Financial Services and Markets Act 2000 (FSMA) and the Law of Property Act 1925. If they have not then they are not legally entitled to enforce these debts. We defend all cases vigorously – our record of success in defending these claims or setting aside default judgment is near 100%.