What To Do If You Get A Nasty Letter or Phone Call From:
Cabot Financial Debt Collection Agents
full details of this debt collecting company and how to make use of
this opportunity to better your situation, go to the home
page of this website by clicking here, where all of this information
is located. Thank you.
Financial Debt Collection Agents is a debt purchasing company listed
in the website of the
Financial Debt Collection Agents
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Debt Collection Agents and the Truth About Your Debt
It is an option for you to question the validity of the money owed
or indeed the existence of the account itself by making a SAR (or Subject
Access Request) as a response to Cabot Financial debt collection agents.
The owner of the account (the bank or the debt collection agency) must
give you a fair signed copy of the original credit agreement if the
agreement was made prior to 6 April 2007. When they fail to do this
they are in violation of the Consumer Credit Act 1974, and the alleged
debt is then said to be in dispute. For as long as this situation exists
they are not allowed to demand that you pay it (if they do so they are
breaking the law once again) and they must not sell it on to a third
party (which many do nevertheless). As long as the alleged debt is in
dispute it may not be enforced, even by a court of law. There's a series
of template letters available. You can always get a solicitor to do
this for you, because it can be a bit of a strain. There are also quite
a few legal and paralegal firms who specialise in doing this kind of
You should always make sure that you know whether the debt collection
company bought the debt themselves (as a debt purchasing company) or
whether they are carrying out work on behalf of another company such
as a bank (in which case they would pocket a percentage of recovered
funds). If a letter of assignment is sent, which is required when the
debt has actually been sold wholesale, then you will know the debt collecting
firm or DCA is the actual owner of the account and therefore will try
to get as much money out of you as he can. When dealing with Cabot Financial
debt collection agents bear in mind almost everything the debt collection
company gets is profit as they bought the debt outright for next to
nothing. So they will try to break you any way they possibly can.
There are several excellent consumer finance forums online where you
are able to read all about the tactics concerning Cabot Financial debt
collection agents and the strategies that they use. Observe how some
of the debt collection firms run some types of activity while others
choose different lines according to their positions of strength. The
consequence is always unhappiness and distress for people.
The chances are that they will ask you for your mobile phone number
if you have one and most of us have one. But you should not tell them.
If you do they may pester you at home and at work 24 hours a day. They
may continue to do this even when you ask them to stop, therefore you
must put it in writing, and preferably send the letter by registered
post or recorded delivery so that it is signed for as proof of delivery
(although so many of these people operate from a PO box number so a
signature is impossible to get).
So ask Cabot Financial Debt Collection Agents
for a copy of the original contract when you took out your loan or credit
Data On Cabot Financial Debt Collection Agents
you have any information that you would like honest people to know
about Cabot Financial Debt Collection Agents then send us an email in complete confidence and
we will try to corroborate it with the clowns involved.
Cabot Financial Debt Collection Agents website is part of DPC Registry
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