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HI,
I have just discovered I have a CCJ from Cabot. It was issued in Aug 2016 and is for an Intelligent Finance Credit Card for £6k. I got divorced and moved around a lot and received a letter from Cabot at the address I now live it with my girlfriend asking me to contact them about paying the old credit card off. I sent a CCA request and they have responded saying I have a CCJ as above.
I am going to have to contact them to arrange some kind of payment plan. I currently have no income or assets following my divorce and live at the charity of my girlfriend in a house that she owns. I may however be in a position in the near future to offer them a substantial sum as F&F as I have been building a business for the last 2 years and should have some deals closing shortly.
My question is does anyone have any advice or experience of dealing with Cabot at this stage. I want to avoid any unpleasantness with bailiffs etc although as I have nothing they wouldnt get much of a result. Do I have any recourse if Cabot refuse to be reasonable and demand that i make monthly payments that I simply dont have the money to pay. I have heard that if they want to send bailiffs round they have to get a judge to approve that and I have the option to submit I believe its a N244 laying out what I can afford. I have always believed you cant be asked to pay what you dont have but would appreciate any advice here.
Thanks a lot for any input.
I have just discovered I have a CCJ from Cabot. It was issued in Aug 2016 and is for an Intelligent Finance Credit Card for £6k. I got divorced and moved around a lot and received a letter from Cabot at the address I now live it with my girlfriend asking me to contact them about paying the old credit card off. I sent a CCA request and they have responded saying I have a CCJ as above.
I am going to have to contact them to arrange some kind of payment plan. I currently have no income or assets following my divorce and live at the charity of my girlfriend in a house that she owns. I may however be in a position in the near future to offer them a substantial sum as F&F as I have been building a business for the last 2 years and should have some deals closing shortly.
My question is does anyone have any advice or experience of dealing with Cabot at this stage. I want to avoid any unpleasantness with bailiffs etc although as I have nothing they wouldnt get much of a result. Do I have any recourse if Cabot refuse to be reasonable and demand that i make monthly payments that I simply dont have the money to pay. I have heard that if they want to send bailiffs round they have to get a judge to approve that and I have the option to submit I believe its a N244 laying out what I can afford. I have always believed you cant be asked to pay what you dont have but would appreciate any advice here.
Thanks a lot for any input.
