Bluemonday 3 Unenforceability Diary

[Westham1]

2/ Cabot Financial UK Limited (Licensing Issue Permission End Date 28/02/2015)

Hi Roger,

Could you point to where you get this information from. I have tried previously to find this information from the FCA web-site, but haven't managed to see it.

Thanks,
Westham1

[Bluemonday3]

Thank you for this advice. I will seek advice on here when I receive any correspondence from them. I guess I am a tad anxious as I had agreed to token payments when I spoke with them as they caught me off guard!

[Warwick65]

Thank you for your advice.
I have checked again and Current Creditor is Cabot Financial UK Limited. I have read the posts you suggested and I am correct in my understanding that Cabot uk cannot pursue this but they can ask someone else to on their behalf?

They can try and often will but my understanding is they shouldn't

They do issue claims so you need to be aware and react to any serious letters appropriately

Sometimes no response is the best answer while other letters really do require a response

[Bluemonday3]

Thank you so much

[Roger]

Thank you for your advice.
I have checked again and Current Creditor is Cabot Financial UK Limited. I have read the posts you suggested and I am correct in my understanding that Cabot uk cannot pursue this but they can ask someone else to on their behalf?
I am quite naive and find all this a bit overwhelming but appreciate everyone's advice.
I will ignore and keep everything I receive. I had agreed to £1 per month when badgered over the phone but I will not set this up.

Well done!
I keep notes of this kind of information with my Debtors files!

1/ UE CCA (Niddy)
2/ Cabot Financial UK Limited (Licensing Issue Permission End Date 28/02/2015)

From now on with CABOT silence is golden! you do not need to give reasons! SILENCE
If you have any questions ask them AAD is non judgemental and very helpful.

[Bluemonday3]

Thank you for your advice.
I have checked again and Current Creditor is Cabot Financial UK Limited. I have read the posts you suggested and I am correct in my understanding that Cabot uk cannot pursue this but they can ask someone else to on their behalf?
I am quite naive and find all this a bit overwhelming but appreciate everyone's advice.
I will ignore and keep everything I receive. I had agreed to £1 per month when badgered over the phone but I will not set this up.

[Roger]

Thanks again. I will ensure any future contact is by letter only, is email advisable?
Niddy says he would ignore them! so I may just do this!
I will read Niddy's blog today.
The current creditor box states Cabot financial as current creditor.

Cabot Financial is used as a trading name not a FCA registered name.! Cabot smoke and mirrors!

For your peace of mind post summary details of any letters received (Post Mail)
emails can easily end up in Spam folders ignore them.
File correspondence away (including envelopes - note these with the date received)

Make a note (notebook etc..) of the date and time of sms, phone call (MOB and BT, emails. If these become a nuisance there is a harassment letter that can be sent.

Ignore means NOT replying nor communicating with Cabot.
Enjoy walking your dog (much more important than Cabot)
Good Luck

[Bluemonday3]

Thanks again. I will ensure any future contact is by letter only, is email advisable?
Niddy says he would ignore them! so I may just do this!
I will read Niddy's blog today.
The current creditor box states Cabot financial as current creditor.

[Roger]

Hi Roger, thanks for putting up your post as this has made me see this a whole new way! Yes I have paid back a huge portion of it, so that does makes me feel better. I have checked the letters and the current creditor is Cabot Financial.
So would you advise that I just ignore them or would you send a letter to tell them the CCA is unenforceable ?

1/ The normal response with AAD is to have NO contact and refuse phone calls. Everything in writing.
2/ Niddy normally suggests appropriate responses such as Missing P/T's
3/ The Letter will be headed Cabot Financial but the CURRENT CREDITOR will be a box on the right hand side
See Niddy's Blog
https://www.all-about-debt.co.uk/for...50#post1291550
"..The exact reasons we want to keep sensitive if you don't mind..."

4/ AAD+ does have template letters for Settlement Offers including where these have been initially refused.

You will get support here with your decision

[Bluemonday3]

Hi Roger, thanks for putting up your post as this has made me see this a whole new way! Yes I have paid back a huge portion of it, so that does makes me feel better.
I have checked the letters and the current creditor is Cabot Financial.
So would you advise that I just ignore them or would you send a letter to tell them the CCA is unenforceable ?

[Roger]

Egg Credit Card started 25/11/2004
Balance at DMP start Sept 2009 £1485.26
Managed by Cabot £201.10 outstanding.
CCA requested 10/12/2017
Received a copy and statements 19/12/2017
19/2/18 CCA sent to Niddy for checking.
UE
P.S I did offer them £60 to settle the debt in writing which they ignored, but then told me over the phone, that it wasn't enough!

The figures speak for themselves. The Debt was an Egg Credit Card (which nolonger exists) Cabot would have paid pennies in the £ for this debt and after you have paid back 87% of that Debt!
Your offer of £60 brings that to £1344.00 that's 90% of the original Debt and Cabot want %100 on a CCA that is UE.
If you look at the Cabot Letters on the Right hand side what is the name of the CURRENT CREDITOR is it Cabot Financial (UK) Limited ?
I and many others here have experienced these phone calls and intimidatory demands .
It is your choice off course but you have come to a Site that will help you take control off your debts and grow in self confidence and within the Law.

[Bluemonday3]

P.S I did offer them £60 to settle the debt in writing which they ignored, but then told me over the phone, that it wasn't enough!

[Bluemonday3]

Thanks for the reply. I have always been committed to repaying my debt so feel somewhat anxious about ignoring them.
I will look at how others are getting on before I decide.
They phoned me when I was walking the dog and caught me off guard.. they wanted to do an I & E then and there and wanted by bank details, which I told them firmly NO and it wasn't something I was prepared to do over the phone especially whilst walking the dog!

[The Tech Clerk]

27.2.18
Niddy tells me this is unenforceable, which is great news but scares me somewhat!
I had agreed to a token payment of £1 per month starting next month as they phoned me to set an agreement since I had stopped paying by Stepchange.
Any advice would be great as to what to do or not to do next ?!

spoke to them on the phone - never. which way do you want to go about this one i.e:- Unenforceable or just pay them a £1.00 . only you can decide the route to take. read other threads and see how others are handling their problem! others will be along and comment also no doubt??

[Bluemonday3]

27.2.18
Niddy tells me this is unenforceable, which is great news but scares me somewhat!
I had agreed to a token payment of £1 per month starting next month as they phoned me to set an agreement since I had stopped paying by Stepchange.
Any advice would be great as to what to do or not to do next ?!