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co-op/equidebt/cabot..who to pay?


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hello,

 

Looking for some advice please...

 

We had a co-op bank account..2001/2.. which was passed to Equidebt for collection about 2005.

.arranged payments to Equidebt paid monthly without fail.

 

In April this year we received a letter from Cabot,

with a letter from the co-op

informing us that the account had been bought by Cabot but to maintain payments as per usual to Equidebt which we have done until today

when payment was rejected by the bank..

 

Checked Equidebt's website and found out about Equidebt being in administration.

 

However we have not received any notifications about this, so who are we supposed to pay?

 

The letter we had from Cabot in April confirmed we had to pay Equidebt. but we can't now and have not been told otherwise.

Please help don't know what to do now.

Thank you.

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Continue to pay who you were instructed until told otherwise by the OL. It is up them to inform you otherwise (Or the administrators).

Thanks

- Hobbie

 

--------------------------------------------------------

Under no circumstances should you speak with a Debt Collections Agency via telephone, request that all future correspondence is done in writing, a letter template for this can be located here.

 

Any views expressed are solely that of my own, any advice or information offered is provided in genuine good faith, and should be checked prior to acting upon.

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Keep the money to one side until someone comes calling. OR you can contact cabot, in writing only, and ask for advice.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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If you are certain the OL or Cabot has not been in touch with any other instructions to pay then keep the records from the bank showing your attempted payment. They'll soon be in touch no doubt, but if they try to charge you fees or anything you have proof you tried to pay. Sit tight you never know things might get lost.

 

If in doubt though, contact your local CAB who can offer solid advice.

Thanks

- Hobbie

 

--------------------------------------------------------

Under no circumstances should you speak with a Debt Collections Agency via telephone, request that all future correspondence is done in writing, a letter template for this can be located here.

 

Any views expressed are solely that of my own, any advice or information offered is provided in genuine good faith, and should be checked prior to acting upon.

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They cant charge fee's, even though they may try. Also, you need to make sure that the amounts you have been paying come off the actual debt. Also, did you check if this debt was actually legit and enforceable?

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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urm.. a debt for a bank account [overdraft I assume?]

 

from 2002 being paid to Equidebt, one of the biggest fleecers there ver was.

 

how did you get involved with them?

 

you fell for the threat-o-grams?

 

have you all the statements?

 

have you been getting REGULAR statements from EQ about the debt on a better than yearly basis since 2002?

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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