lloyds credit card debt sold to Cabot, now they've defaulted me?

[flung]

I had a repayment plan with LLoydsTSB Visa

 

the debt was sold to Cabot Financial,

 

i contacted LTSB and said i did not recognise CF

and I would only continue to pay LTSB.

 

LTSB now transfer my payment to them to CF I have not missed any payments.

 

Cabot have now posted a default notice on my credit file,

but not given any formal notice to me.

 

Can they do this ?

 

Can I ask them to remove it?

[ims21]

If the debt was sold to Cabot then they will have substituted their name against the default which was originally place by Lloyds.

 

Did you get a notice of assignment i.e. a letter from one or both companies telling you that that the debt had been sold?

 

If so then Cabot are correct in reporting and collecting.

 

Are there any unlawful penalty charges or PPi that you could claim to get some money back?

[dx100uk]

if Lloyds have sold the debt theres a very good reason

they wont risk court

so have passed it on.

 

have you ever sent Lloyds an SAR

might be an idea as IMS indicates

could be lots to reclaim here.

 

i'd be sending Crapbot a CCa request too!

 

as for the default

as you SURE it was CABOT

 

don't forget many creditor default accounts before they sell them on

 

tell the history too please

 

how old is the card etc etc

[flung]

Thank you both for your replies.

 

IMS21

 

On double checking your right Cabot dated their default Nov 2010 the same date as LLoydsTSB original default marker.

 

Yes i did recieve notices of assignment.

 

dx100uk

 

I havent sent LLoyds an SAR i will now.

 

I will also send Cabot a CCA request.

 

Just to fill in the background information

 

I originally took out the card in 1982,

original default with lloyds TSB Nov 2010

and credit file shows it settled (sold to Cabot) Oct 2012.

 

I have been making a token payment every month without fail to LLoydsTSB who have then passed it on to Cabot.

 

I have not responded to any communications (threats) from Cabot.

 

This token payment was detailed on the assignment document and as i understand it Cabot cannot change it ?

[dx100uk]

correct they cant.

1982 blimey!!

 

let them try and find a cca for that.no chance from Lloyds I bet....

 

bye bye debt.

 

dx

[flung]

Update on my actions following your advice.

 

SRA sent to Lloyds,

shortly followed by a telephone call (18.30pm), requesting clarification as to what information I am looking for

and a deep interest in how I came to send my letter and from where or who I had received the content.

 

I found this call somewhat suss and therefore played dumb on info source and reiterated that i required a full and comprehensive response on all data held by Lloyds.

 

Is this a common response from the banks ?

 

I have received a letter confirming my initial request and advising when they expect to respond which is within the time limit.

 

With regard to Cabot

they have not responded to my CCA letter which was recieved by them ( signed for ) on 20/11/13,

 

what should i do next ?

 

regards and many thanks for your support.

[dx100uk]

wait

 

dx

[flung]

Cabot have written to say that they willl respond to my CCA letter stating they will reply within 40 days, this is with regard to the Credit Card debt they have purchased from LLoyds.

 

In the meantime I have recieved the documentation from LLoyds as a result of my SAR, they have stated they can not produce a signed agreement for the Credit Card account (Oct 1982 issue), but stated '' If you take his further, we are confident in our ability to be able to prove this ''.

? why would they have this response when they have sold the debt.

? is it for Cabot to prove this rather than LLoyds, and given this what is he likelyhood that they would be succesful.

 

Your comments woud be gratefull recieved.

[flung]

Cabot have written to say that they willl respond to my CCA letter stating they will reply within 40 days, this is with regard to the Credit Card debt they have purchased from LLoyds.

 

In the meantime I have recieved the documentation from LLoyds as a result of my SAR, they have stated they can not produce a signed agreement for the Credit Card account (Oct 1982 issue), but stated '' If you take his further, we are confident in our ability to be able to prove this ''.

? why would they have this response when they have sold the debt.

? is it for Cabot to prove this rather than LLoyds, and given this what is he likelyhood that they would be succesful.

 

Your comments woud be gratefull recieved.

[dx100uk]

await the CCA

they ONLY have 12+2 days no matter what they say!!

 

dx