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Thread: Action, Ignore or Cry

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  1. #1
    Join Date
    Nov 2014
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    Default Action, Ignore or Cry

    background CITI ..1994 credit card 20k....no record now on credit file
    no payments or acknowledgement for six years
    cOurt papers recd..defended and court stayed iN Jan 2015..no action or communication since this date. Cabot Mortimer ack defence in Jan 2015 but did not respond and did not send C a or anything ...
    MORTIMER C
    today recd letter offering me 50% settlement offer
    also letter address Cabot v ?????????
    without prejudice settlement offer.
    do I reply if so do we have template letter?
    ignore ?
    cry?
    fingers crossed somebody gives me guidance

  2. #2
    Join Date
    Jul 2009
    Posts
    132
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    Arrow Re: Action, Ignore or Cry

    Quote Originally Posted by Lowry1234 View Post
    background CITI ..1994 credit card 20k....no record now on credit file
    no payments or acknowledgement for six years
    cOurt papers recd..defended and court stayed iN Jan 2015..no action or communication since this date. Cabot Mortimer ack defence in Jan 2015 but did not respond and did not send C a or anything ...
    MORTIMER C
    today recd letter offering me 50% settlement offer
    also letter address Cabot v ?????????
    without prejudice settlement offer.
    do I reply if so do we have template letter?
    ignore ?
    cry?
    fingers crossed somebody gives me guidance

    This is a very common Cabot tactic, their reasoning is simple;
    What can we salvage from this situation?

    Think: If they thought they could get 100% why go for less?

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