hi all

[tommo644]

I have had a letter from Restons Solicitors, Re:Cabot Financial(UK)Limited v.Yourself Halifax-Current Account.
I sent a letter asking for full proof that I do owe the money as in original signed documents as the debt is about 5 years ago.
Their reply today is,
This account relates to a Halifax current account overdraft and is therefore not covered under the provisions of the Consumer Credit Act 1974.
As you have not provided this office with you repayment proposals we have now been instructed to issue legal proceedings against you.
Are they correct about the Consumer Credit Act and can the do anything to me?
Thank you in advance for any help.

[Kati]

Re: hi all

Hi [MENTION=53640]tommo644[/MENTION], to LB!

I'm sure you'll get some good advice from some knowledgeable Beagles soon

Kati x

[Ruby]

Re: hi all

If I'm not mistaken I believe that overdrafts are not covered by the CCA Act 1974 and Restons are correct on this term. You say its about 5 years old. If you are based in Scotland and you have not acknowledge the debt in five years then it will be statute barred if you are in England unfortunately it is six years. I am sure someone more knowledgeable than me will advise further.