Hi everyone,
I need some advice on a credit card debt and a loan debt.
I used to live in the UK but left in 2009.
I have a credit card debt of £3000 and a loan debt of £11k.
Both accounts are with Cabot Financial.
I used to pay very little (between £1 and £10) towards the credit card debt, on and off over the past 9 years.
I recently got a letter from Cabot saying that they instructed Moorcroft to arrange a visit at my home so that they can put me back in touch with Cabot.
I have my address in Poland but am not really there very often.
Regarding the bigger loan debt, I haven't been paying anything toward that account, I think, for at least 6 years and haven't communicated with Cabot about this debt.
The question is, can any of these debts be cancelled?
And what about Moorcroft in Poland?
Any advice is greatly appreciated.