CABOT financial - chasing old cap1 debt

[zuzanka23]

Hi,

I have been getting letters from Cabot Financial (Europe) Limited,

then from Cabot Financial (Merlin) Limited and

then again Cabot financial (Europe) Limited.

 

 

They are chasing me for 5 years old debt.

 

 

I heard that they don't have a licence and can't really pursue anyone for debt but I am not sure whether this is true or not.

 

could someone please advice?

thank you

[dx100uk]

silly myth.

[zuzanka23]

so what's the deal with Cabot?

 

 

Firm Name: Cabot Financial (UK) Limited

Interim Permissions Reference Number: 472690

Current status: Lapsed

FS Register Status Effective Date:

Interim Permission End Date:

Firm Reference Number:

Principal Place of Business Address: 1 Kings Hill Avenue Kings Hill

West Malling

Kent ME19 4UA

Registered Office Address: 1 Kings Hill Avenue Kings Hill

West Malling

Kent ME19 4UA

Phone:

Fax:

Website: +441732524600

 

 

Contact:

Contact Email: Willem Wellinghoff

wwellinghoff@cabotfinancial.co

 

what does this mean that their licence lapsed?

[dx100uk]

doesn't

 

 

there was someone posting everywhere here

and I dares say on other forums a few weeks back

 

 

however this thread explains all.

http://www.consumeractiongroup.co.uk...ebt-collecting

 

 

 

whats you debt problem

 

 

tell us the story please

[zuzanka23]

sorry, I wasn't sure where to find any info.

 

I owe Capital One (credit card).

 

 

Cabot purchased the account.

 

 

This debt hasn't been paid since 2010.

 

 

It will be statute barred in less than a year so now they started to chase me,

 

 

I heard nothing for almost 5 years.

 

They are just chasing me for it now.

[dx100uk]

well you could send them a CCA request

 

 

but if all they are doing is willy waving

and you've never respond I'd keep your head down.

 

 

how much is owing..

and why did cap1 sell it on?

 

 

got lots of penalty charges and PPI on the card inflating the debt?

[zuzanka23]

no, not really any interest and no PPI I dont' think.

I owe £335, this amount has never increased in the last 5 years so that's good.

I did send one letter asking for the original agreement as I don't have it anymore and would like to see it, but they responded after a month saying they requested it from Capital one and are awaiting reply.

What will CCA request do?

thank you

[Sidewinder]

no, not really any interest and no PPI I dont' think.

I owe £335, this amount has never increased in the last 5 years so that's good.

I did send one letter asking for the original agreement as I don't have it anymore and would like to see it, but they responded after a month saying they requested it from Capital one and are awaiting reply.

What will CCA request do?

thank you

 

Keep hold of that letter. If Crapbot start to escalate this and threaten court, then you have evidence that they are still in breach of a CCA request