Cabot's Licence

[Guest Mrs Hobbit]

Many have tried to become a CFCer....too hard to explain.

 

Fire and Cabot are part of the conglomerate..gosh way back when we discovered they had FIRE and then they his it, they also had a lending company which seems to have gone below the radar. We summised that they would lend you the money to repay the debt the said you initially owed and tie you up again...

 

I am getting all the paperwork out of the attic. So much has happened since 2006 when CFC was formed

[cymruambyth]

Tina Carter - United Kingdom | LinkedIn

 

:lol:

I was going to quote part of it but thought I'd be cagbotted:eek:

[Guest Mrs Hobbit]

Tina doesn't seem to stay in one place for very long....

[kiptower]

cooking skills will be ok for the books

[angry cat]

From Cookery to Office Supplies and then a, DCA?

 

What a strange CV!

[angry cat]

And Paper/Copiers for the Cabot creative/graphics dept;

not forgetting the MacBook(s) of course!

Edited June 10, 2010 by angry cat
spelling

[Guest Mrs Hobbit]

PR and Marketing, skills are transferable I think Tina needs to speak to us

[Guest Mrs Hobbit]

By golly this thread is attracting some readers, we should have a roll call.

[kiptower]

maybe Tina can cook you some ( ROLLS )

 

as her PR skills may still be in the bread maker, turning them into dough ( ££££££££££ )

[Rhia]

Pot Pourri! She'd be better off with Jean Christophe Novelli.

[angry cat]

Pot Pourri! She'd be better off with Jean Christophe Novelli.

 

Out of the frying pan and into the FIRE!

[NailPost]

Cabot's woes, and they seem to be multiplying by the day, are bad news for the rest of the debt collecting industry. Many of them seem to rely on Uncle Ken's largesse for some meagre crumbs off his table - there were times of course when those crumbs were hefty slices of bread and cheese.

 

I think that this is at the root of the OFT's prevarication before deciding what to do with the licence renewal. If the OFT imposes cumbersome monitoring processes on Cabot's activities this could sound the death knell for the company, and all its little helpers, in its present form.

 

While Uncle Ken boasts of employing hundreds he fails to tell how many of these are part-time so two people would equal one. He also fails to tell, in any article I've ever resd about him, what it costs to chase a debt. A couple of letters and a few phone calls followed by the debtor agreeing to paying a few quid a month by standing order would mean a decent return on effort.

 

Following the rules, making sure the paperwork is in place and all dots dotted and tees crossed would cost a lot more money. And with a rapid turnover of staff more cash would need to be spent on training the new hires on how to follow the rules, laws and regulations but OFT requirements.

 

Time will tell how Cabot and their ilk will cope with the increased pressure. There is one thing certain - the pressure is now on them to prove a debt is valid, accurate and enforceable.

Edited June 10, 2010 by NailPost
typo

[andrew1]

Oh blimey, they do prattle on and try to convince each other how good they are. I would say they need some good PR as for marketing I am sure we could do it a lot cheaper. BTW are the staff at Cabot Towers still Facebooking themselves?

 

last time that happened, Cabot had a few 'adjustments' to their staff positions. demotions, bans on facebook, reprimands....oooh it was fun!

[Fred Bassett]

It does make you wonder though - the way Cabot thinks I mean...

 

Take a look at page 2 of this Powered by Google Docs

 

Makes you wonder how much money Cabot have spent trying to get the particular questions answered...All that money, all that research...All they had to do was ask and we'd be able to tell them By the way, Jose is the Senior Risk Analyst at Cabot.

*

 

I read that. What a load of b******s.

[Fred Bassett]

Following the rules, making sure the paperwork is in place and all dots dotted and tees crossed would cost a lot more money. And with a rapid turnover of staff more cash would need to be spent on training the new hires on how to follow the rules, laws and regulations but OFT requirements.

 

Time will tell how Cabot and their ilk will cope with the increased pressure. There is one thing certain - the pressure is now on them to prove a debt is valid, accurate and enforceable.

 

Don't forget too that all they are paying is about £15,000 per year which is bugger all, especially in that part of the world which is just a shortish train ride from Central London. I doubt that the people they would get for that sort of money would be capable of understanding and implementing the complexity of it all. By and large I reckon they are stuffed. Just give it a few years.

Edited June 11, 2010 by Fred Bassett

[pmhcfc]

l. By and large I reckon they are stuffed. Just give it a few years.

 

Aww, do we have to? It's been over three years already

[Hadituptohere]

 

rapid turnover of staff more cash would need to be spent on training the new hires on how to follow the rules, laws and regulations but OFT requirements.

 

 

Obviously not much money wasted there....hence the 3.5million pad hey

 

Hadituptohere

[pmhcfc]

....hence the 3.5million pad hey

 

Hadituptohere

 

Ah yeah, but worth even more with all the improvements...To prove it, I could provide you with links which are easy to find and publicly available

[Martel]

Hiya,

 

I have a hearing (multitrack) with Cabot tomorrow.....has anyone actually had any success by introducing the licence (or no licence) issue in their defence or witness statement? I tried in a Cabot hearing last week, but was brushed aside. Surely, it MUST be a point of law somewhere (along with their Cabot UK/Cabot Europe smoke and mirrors?).

 

Thanks,

Martel

[Guest Mrs Hobbit]

The licence is pending, so they can practise under current legislation. Don't let this become an issue in the proceedings. You wont beat them this way, as much as it would be a small victory. They want t you to become bogged down with this type of stuff.

 

Just stick to the facts and argue each point in the POC's.

[Martel]

The licence is pending, so they can practise under current legislation. Don't let this become an issue in the proceedings. You wont beat them this way, as much as it would be a small victory. They want t you to become bogged down with this type of stuff.

 

Just stick to the facts and argue each point in the POC's.

 

Problem is i don't have a lot going in my favour! I did manage to post the docs on my thread:

 

http://www.consumeractiongroup.co.uk/forum/legal-issues/262586-another-court-hearing-14-a.html?highlight=another+court+hearing+14%2F06%2F10

 

(apologies if this is known as hijacking)

 

MX

[Pinky69]

The licence issue is a non-starter. They can continue to trade under S29 of the CCA 1974. The issue is whether or not the OFT should be able to use this clause to postpone renewal whilst they give Cabot a chance to comply with licence requirements. Cabot have had all the chances they deserve and it's high time the OFT shut their shop for good.

[ScarletPimpernel]

Ah yeah, but worth even more with all the improvements...To prove it, I could provide you with links which are easy to find and publicly available

 

We may find the debt collecting business morally repugnant, and we may find the character of some of the individuals in it unsavoury, but their families are off limits.

 

No references to anyone's private houses please, and no suggestions, no matter how vague, as to the location of same, even if the info is publicly available.

[Rhia]

We may find the debt collecting business morally repugnant, and we may find the character of some of the individuals in it unsavoury, but their families are off limits.

 

 

WE most certainly do SP.

 

However it is surely a tad ironic that people are asked not to reference these DCA directors' houses when they not only use every available method to identify people, they threaten to visit, actually telephone neighbours and discuss details with them, unlawfully record incorrect data with CRAs and - in the ultimate - they move to get Charging Orders over people's homes for what is often a statute barred or unenforceable or even a debt the person doesn't owe.

 

I well understand CAG must take the responsible line on this but, as I said before, it is a tad ironic.

 

P.S. Forgot to add not to forget the debt collecters lobbied Parliament hard (and were partly successful) for unlimited access to people's white data.

Edited June 13, 2010 by Rhia

[Fred Bassett]

I found my own way of getting revenge on some DCA, but I daren't post it here. It can be done though.