Help needed with Cabot Proof of debt.

[elefant man]

I would really appreciate people thoughts on my current situation with Cabot.

I had a letter from Cabot saying that they had tracked a debt that I owed.
I filled in a template letter and asked them to provide proof.
I had a letter back saying they would look into it and be back in touch.

Today I received a letter which is below (edited out any sensitive info) along with what they say is a copy of the agreement from Lloyds.

They also provided a copy of payments I have made (and still am making) to the original debt company that bought a debt that I owed to Lloyds.
I have never been informed that the debt has been moved transferred or sold. Which is why I asked them to prove what the debt was.

So that lands me here looking for any advice on my next steps.

The copy of the agreement they have provided is in my current address I have live here for 4 years and not the address where this debt, if it is the one I am paying to AIC would of been taken out.

COPY OF THE LETTER:


RE: (XXXXX) Lloyds Loan Account ending XXXXX - £XXXXX

I am writing further to our letter dated 04 September 2023.

My name is XXXXX, I have investigated your dispute and I hope to help you now by providing a resolution to this matter. I have attempted to call you on your mobile but have not been able to get through to you.

My understanding of your dispute

You don't recall owing money to XXXXX or XXXXX.

My investigation

To resolve your dispute, I have reviewed the information provided by XXXXX, XXXXX, and the information we hold on file.

Please find enclosed a copy of the credit agreement. The account was opened with Lloyds TSB on 17 September 2007 at your current address. You should have received correspondence making you aware of the account. Under the agreement you borrowed £XXXXX, after the charge of credit of £XXXXX was applied the total amount payable under the agreement was £XXXXX.
The account remained active for a period of one year and four months until 30 January 2009 when a default was registered. The account was later purchased by a company called Prime Credit.
XXXXX, XXXXX sister company purchased the account from XXXXX on 24 August 2012 with a balance of £XXXXX.

The account was later passed to XXXXX to manage. We later located the addresses PREVIOUS ADDRESS PREVIOUS ADDRESS TO THAT.
The account was placed with the agent XXXXX on 03 September 2014. XXXXX returned it to us on 08 May 2019.
We (XXXXX) located your back to your current address on 01 August 2023.

Since our purchase we have received £1,460.00 in payments from 24 August 2012 until 18 September 2023, these payments were initially passed to us from Lloyds, however the payments later started being paid to us by Allied. Continued payments to a defaulted account are clear acknowledgement of the debt. I have enclosed a copy of our transaction list for your review.
XXXXX is an Appointed Representative of XXXXX which is authorised and regulated by the Financial Conduct Authority with firm reference number XXXXX.

Conclusion

In light of the above I believe you're responsible for the account.
Whilst you're making payments, which we appreciate, these payments are being made to Allied who no longer hold the account. Please can you contact our Customer Operations Department on XXXXX to arrange a repayment plan. I want to assure you that we are keen to work with you to resolve this matter and we will only accept payments that are affordable for you. We may even be able to offer a discounted settlement on your balance.

I will hold the account for 21 days for you to contact our Customer Operations Department. If we do not hear from you within the 21 days, we will have to return this account to our collections process.
I hope this resolves your dispute; however, if you wish to discuss my letter further, please do not hesitate to contact me.

END OF COPY OF THE LETTER:


The agreement they sent is in my CURRENT address and not the address where the agreement would of ever been taken out. I have had no dealings with Lloyds in 8 years and have moved far away from where any agreement would of been made.


Thanks for reading and I would really appreciate any thoughts you have on this matter.

[elefant man]

Thanks for that much appreciated.

[echat11]

Is there any point in sending withdrawal of implied right of access or is it all guff and not worth it.

As always you help, time and advice is much appreciated.

Yes, as an alternative, print it out, keep it by the door in an envelope, if they call, it can be handed to their agent.
Then they simply go on their merry way.

[elefant man]

Is there any point in sending withdrawal of implied right of access or is it all guff and not worth it.

As always you help, time and advice is much appreciated.

[elefant man]

Thank you for the confirmation appreciated.

[echat11]

Ok thanks for the advice ECHAT11.

When you say "have the letter by the door" which letter are you referring too.

My only concern is the other half will just panic and let them in "if" they do turn up.

Really appreciate the help with this.

Post 15, harassment letter.

[elefant man]

Ok thanks for the advice ECHAT11.

When you say "have the letter by the door" which letter are you referring too.

My only concern is the other half will just panic and let them in "if" they do turn up.

Really appreciate the help with this.

[echat11]

OK I sent the Creditor harassment warning. To which they did not agree with but did say they would suspend letters for 60 days.

So the letters are coming back in at 1 per month approx. To "Make Contact" or "Create an Account"

The last letter received today "An agent visiting yyou could be the next step"

Not sure when the next step is. They have never proven the debt. I have never paid them a penny.

They bought ther debt and was getting the money £10 pm passed to them for years.

Im sure its just scare mongering but I dont want someone coming here. I could deal with it but not sure the other half would.

Any advice as always would be much appreciated.

Sit tight, have the letter by the door, just hand it to the agent if visit.

I personally feel, you've laid down a 'marker' and they won't visit.

[elefant man]

OK I sent the Creditor harassment warning. To which they did not agree with but did say they would suspend letters for 60 days.

So the letters are coming back in at 1 per month approx. To "Make Contact" or "Create an Account"

The last letter received today "An agent visiting yyou could be the next step"

Not sure when the next step is. They have never proven the debt. I have never paid them a penny.

They bought ther debt and was getting the money £10 pm passed to them for years.

Im sure its just scare mongering but I dont want someone coming here. I could deal with it but not sure the other half would.

Any advice as always would be much appreciated.

[elefant man]

Thank you ECHAT11 I will send them the letter much appreciated.

[echat11]

Send the following letter, but add 'alleged' before the word 'debt'.

https://nationaldebtline.org/get-inf...sment-warning/

https://www.citizensadvice.org.uk/de...-by-creditors/

Make sure you get Proof of Postage.

[elefant man]

Ok so I thought things were going well since my last post.

I held my nerve as was advised and on 29/1/2024 I got the following (cutdown letter.)

"We haven't been able to obtain the information you requested from the original lender.
If this information becomes available to us later, we'll complete your request and send you the relevant information.

Until we can supply this you account is unenforceable. This means we're not permitted to obtain a CCJ, your balance remain outstanding"

I sent no reply.

So then nothing until 26/10/2024

"How does 75% off sound
Although you loan is unenforceable the balance is still outstanding.
With a one off payment with a 75% discount you can be free of this account."

I sent no reply.

31/11/2024

"This was basically a statement of the apparent account and trying to get me to signup online to the portal"

I sent no reply.

11/11/2024

"My 75% discount is still waiting"

I sent no reply.

28/11/2024

"My balance is outstanding and I need to make contact with them"

I sent no reply.

13/12/2024

"We are still waiting to hear from me
If I fail to get in touch they may send and agent round"

I sent no reply.

15/01/2025

"My loan is defaulted failure to repay will lead to increased communication efforts such as phone, text and letters.
We may consider sending an agent round to put you in contact with us"

So this now seems to be getting more frequent and threatening.

My question is should I reply and if so what sort of a reply do I give.

Once again any thoughts on the matter would be appreciated.

[elefant man]

Thank you ECHAT11 I will sit tight.

[echat11]

So today I received two letters One from Cabot and one from Lloyds TSB

Cabot Letter

“Mr XXXXXXXXX, an update on your request

We're still processing your request and have contacted the original lender for the relevant information.

Until we're able to provide this information, your account is unenforceable. This means we're not permitted to obtain a County Court Judgment against you.

Whilst we cannot pursue legal action, your balance remains outstanding.

What happens next?

Your CCA request is being handled by a member of our Customer Care Team, they will mail you the requested information once we have received it.

Yours sincerely”


The second letter is from Lloyds TSB copied most of the main letter.

“Lloyds Bank Buy Now, Pay Later Loan account number: XXXXXXXXXXXXXXXX
Your Buy Now, Pay Later Loan statement

Dear XXXXXXXXXXXXX

Here is your statement.
This includes all the transactions from XXXXXX to XXXXXX.
Ways to help manage your loan
Here is a reminder of some of the things you can do to help manage your loan.
Use Internet Banking to keep track of your account

You can check your loan at any time using Internet Banking. If you've not signed up for Internet Banking, you can register at Lloyds website address.

You can also download our free Mobile Banking app to manage your money wherever you are.

Change the date you pay your loan If anything changes such as when you get paid please call us and we'll move your loan payment date.”

Page 2 contains some payment history.

Any thought on what I should do now or what to expect next? I assume Cabot (who I also assume will have a copy of the same letter?) will fabricate a reconstituted agreement from the info albeit in my current address and not the one where it should be.
As usual any thought on the matter would be appreciated.

Just wait, see what Cabot sends next. What LLoyd's has sent is a statement of account. They need to comply with your CCA request.

[elefant man]

So today I received two letters One from Cabot and one from Lloyds TSB

Cabot Letter

“Mr XXXXXXXXX, an update on your request

We're still processing your request and have contacted the original lender for the relevant information.

Until we're able to provide this information, your account is unenforceable. This means we're not permitted to obtain a County Court Judgment against you.

Whilst we cannot pursue legal action, your balance remains outstanding.

What happens next?

Your CCA request is being handled by a member of our Customer Care Team, they will mail you the requested information once we have received it.

Yours sincerely”


The second letter is from Lloyds TSB copied most of the main letter.

“Lloyds Bank Buy Now, Pay Later Loan account number: XXXXXXXXXXXXXXXX
Your Buy Now, Pay Later Loan statement

Dear XXXXXXXXXXXXX

Here is your statement.
This includes all the transactions from XXXXXX to XXXXXX.
Ways to help manage your loan
Here is a reminder of some of the things you can do to help manage your loan.
Use Internet Banking to keep track of your account

You can check your loan at any time using Internet Banking. If you've not signed up for Internet Banking, you can register at Lloyds website address.

You can also download our free Mobile Banking app to manage your money wherever you are.

Change the date you pay your loan If anything changes such as when you get paid please call us and we'll move your loan payment date.”

Page 2 contains some payment history.

Any thought on what I should do now or what to expect next? I assume Cabot (who I also assume will have a copy of the same letter?) will fabricate a reconstituted agreement from the info albeit in my current address and not the one where it should be.
As usual any thought on the matter would be appreciated.