Changing face of debt collection or just someone having a good day

[Peterbard]

I haven't been frequenting the debt sections on here for a while so perhaps I am a little out of touch, must admit to being a bit taken aback.

My daughter received a N1 from Northampton center, for an overdraft she had 5 years ago, she had forgotten about it(she says) and eventually it had been sold on to Cabot.

I said I would have a look , went onto MCOL logged in in here name and acknowledged ticked defend all.

 

I thought the usual, challenge charges assignment etc. etc, it was for £550.

 

Then I thought you know I cant be bothered with this so i rang the solicitor, i nice pleasant woman answered the phone, I started to explain who I was, she said she couldn't talk to me so I had to get my daughter to give her a call etc DPA fair enough.

 

Anyway eventually we could discuss the account, i told her that i was considering fighting , but really cant be bothered and asked them if they would accept £300 full and final. We chatted some more and she was telling me about her kids and I was telling her about how you never cease to worry about them and how my daughter is 35 and married with five kids and she still comes to me with this stuff,(love it really).

 

I digress, anyway she says yes we will accept that as full and final and will email you and you can pay on receipt , i say fine. I know there is stuff said about people backing out of FFs but personally I have never come across it, anyway I have the email.

 

I am just about to give her my visa details and she says are you retired sir, I say yes, then she says "will paying this money cause you financial distress or make you in arrears with any priority debt heating or utility supplies", i say no why do you ask, she said we would not be able to accept the payment if you would have said yes.

[DonkeyB]

Demand a drug test!

[Peterbard]

Demand a drug test!

 

Cynic

[dx100uk]

I believe since they came under the FCA wing

they have to do this to abide by the new rules.

 

 

hope they are discontinuing the claim

and wiping here credit file clean?

else little point in F&F?

 

 

dx

[Peterbard]

Yes they will be discontinuing the claim, there will still be default of course, some would say there is some point in paying what you owe, when you can.

[Jam_Buttie]

Settled for £300... Bet the overdraft was only £100 and the rest was bank charges.

 

Silly move IMO.

[Peterbard]

Yes I can see why you would, entitled to your opinion, I suppose.

[Mike_hawk]

I have to agree with Dodge on this matter, I've always encouraged off the record discussions with the other sides counsel at the earliest opportunity if there appears to be a means to compromise a case on preferential terms. Why would anyone [who acknowledges there is a debt] put themselves through the wringer when there's a simpler solution without further risk.

 

Having said that, +1 to Db........ this is Cabot after all

[citizenB]

Demand a drug test!

 

Cynic