Cabot Financial Debt Collection Agents

 

Registry of Debt Collectors

 

 

 

What To Do If You Get A Nasty Letter or Phone Call From:

Cabot Financial Debt Collection Agents

 

 

For 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.

 

 

 

 

 

 

 

 

 

 

Cabot Financial Debt Collection Agents is a debt purchasing company listed in the website of the

 

 

 

 

 


Name: Cabot Financial Debt Collection Agents

 

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Cabot Financial 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 work.

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 card.

 

 

 


More Data On Cabot Financial Debt Collection Agents

 

If 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.


 

 

 

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