Cabot chasing an old Barclaycard debt

[looking4advice]

Hi guys,

 

I've received a letter from Cabot Financial, regarding a Barclaycard debt.

 

They are asking for 10% of the debt of £3500 as a final payment to close account.

 

 

I'll be honest and say that I don't remember clearly,

but I believe this debt is very old, i.e. around 10yrs or more.

 

I don't have anything showing on my credit files, so could you please advise what I need to do?

 

Thank you.

[ashmk]

Don't fret over Cabot. They have been 'chasing' me for years over a Barclaycard debt from 2004. I don't pay any attention to them anymore.

 

As they are asking for just 10% of it's value it means they know they have no chance of ever enforcing it, they are just trying to recoup what they paid as they know it's a dud.

 

Don't lose any sleep on this one and in my opinion I would do nothing. In fact I do do nothing, I've been binning their threat letters for years and I'm still here

[looking4advice]

thanks ashmk. Should I send them a statute barred letter/email? If so, is the one from National Debtline okay?

[ashmk]

You can do but be warned, Cabot love to play letter tennis.

 

I've not seen that particular letter.

 

I did the CCA letter thing years ago, they ignored it and started a game of letter tennis on why they are right and I am wrong, (i was always right) it got boring quickly so I stopped that and since then I just completely ignore them. I get the odd letter with the same old nonsense in it to be filed in the bin.

[looking4advice]

My worried for sending no response are:-

 

1. They keep doing a check which show on my credit file for other lenders to see

2. They apply to county court for CCJ

3. They put a charging order on my property

[Bazooka Boo]

The checks on your credit file cannot be seen by anyone other than you and them.

 

IF they were to issue court proceedings, they cannot get a CCJ unless you ignore them and they win by default.

Your defense would be that it is SB, which will knock it out of the water imediately.

 

And they cannot get a CO on your proerty unless, again, you ignore them.

 

If you are 100% certain that this IS SB, then you have absolutely nothing to lose by sending them the SB letter.

http://www.consumeractiongroup.co.uk/forum/showthread.php?387368-Letter-to-be-sent-when-debt-is-Statute-Barred-%28update-21.04.2014%29

This then puts them on strict proof to prove otherwise.

[dx100uk]

are cabot writing to your current address

and is this the address the credit was taken out at?

 

 

dx

[looking4advice]

Thank you Bazooka and dx100uk for your replies.

 

@ Bazooka - Glad to hear that they can't do much. The barclaycard I had was around 2002 or earlier and the last payment/contact made was around 2004 at the very latest, so yes it is statute barred.

 

@ dx100uk - yes they are writing to my current address, but the address the credit was taken out on was different...since then I have changed around 8-10 addresses.

 

So what would you guys recommend? Shall I write a statute barred letter to them? If so, what if ashmk is right and they start playing letter tennis?

[dx100uk]

If you have not written to them from your current address

ideally, even though this could easily be thrown out of court

because its statute barred should they could file a claimform

to an old address.

 

 

I pers think you should send the SB letter to them

 

 

that nails your colours to your flagpole

and informs them of your new address.

 

 

so they've no excuse but to file to your new address

 

 

2 birds with one stone

 

 

dx

[slick132]

Hi L4A,

 

So long as you're certain no payment has been made AND you haven't made any written acknowledgement of the debt in the last 6+ years, the debt is SB'd.

 

You don't have to send the SB's letter but, as DX says, it confirms your present address and avoids the DCA using an old address for court action.

 

[looking4advice]

Thank you dx and slick132. I'm happy to send them a statute barred letter via their email address...This way it doesn't cost me anything and is a record too.

 

Just a couple more questions:-

 

1. If I send them a statute barred email, what if they start bombarding me with letters/emails as Ashmk said?

 

2. Am I okay to use the statute barred letter template from National Debtline?

[numbers666]

See post 6 for a good SB letter

Edited September 26, 2014 by slick132
removed repeat of post #6 above

[Bazooka Boo]

TBH I would send them a hard copy of the SB letter, get ''proof of posting'' which is free from the PO counter, you can send them an email with it too if you wish, but a hard copy can/could/should be stapled to the file.

SB Letter http://www.consumeractiongroup.co.uk/forum/showthread.php?387368-Letter-to-be-sent-when-debt-is-Statute-Barred-(update-21.04.2014)

 

''IF'' they start a campaigh of harassment cros that bridge when you come to it, pointless worrying about something which hasn't happened.

[looking4advice]

Thank you numbers666 and Bazooka.

 

I will do both methods of emailing and hard copy as recommended. Just FYI the letter link you've given is exactly the same as the one National Debtline.

 

Thank you to everyone for helping me as I'm ever so grateful. I will let you know if I hear anything back from them.

[looking4advice]

Just to let you guys know, I have now emailed Cabot with the SB letter. Being weekend, I plan to post a recorded delivery letter on Monday too.

[Bazooka Boo]

RD isn't needed and IMO is a waste of money, just send it 2nd class and get proof of posting which is free.

[looking4advice]

Thanks Bazooka. I shall do this first thing on monday.

 

One last question....Should I sign the SB letter or just digital print the name on there? ...Just a bit paranoid .

[Bazooka Boo]

No reason why you can't sign it, and no reason why you cant use a digital signature either.

http://www.mylivesignature.com/

[looking4advice]

Really sorry bazooka, I said that totally wrong ....I meant I don't want to do a signature....can I simply type my name without a signature?

 

Sorry again

[maroondevo52]

can I simply type my name without a signature?

 

 

Can't see why not.

[dx100uk]

great idea

that what the template says!!

 

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?387368-Letter-to-be-sent-when-debt-is-Statute-Barred-(update-21.04.2014)

 

 

the only letter you ever need to sign is an SAR

 

 

dx

[looking4advice]

Can't see why not.

 

Thanks maroondevo for clarifying that.

[looking4advice]

Just to update you guys, today I've posted the letter to Cabot. Now I know you said it's a waste of money sending via Recorded Delivery, but I did it just for my peace of mind.

 

Thank you again and I will let you know if I receive any further correspondence.