Cabot Financial (uk) limited - Unlicensed trading?

[Nibbler]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Sure I've seen ones with the other authorised ones as claimant/owner as well, so either they too dim/confused by their own changes to work out correctly which name to write letters and bring action under in some cases, or they are really taking the P with the regulators and authorisation by not reassigning to their authorised LTDs.

[pt2537]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Yep, just dragged this out of a saved random bunch of stuff.

[ATTACH=CONFIG]20019[/ATTACH]

July, where UK (Ltd) are listed as legal owners, despite the CCA lapse in Feb

Wonder if the Lawyers know they are acting in the name of an unauthorised company?

Lawyers are under a duty to know their client"!!!! so they should carry out due diligence

[Nibbler]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Lawyers are under a duty to know their client"!!!! so they should carry out due diligence

'Due diligence' is not one of the defining qualities for most law firms acting for creditors in consumer credit litigation, as far as I have ever seen.

[mystery1]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Lawyers are under a duty to know their client"!!!! so they should carry out due diligence

Cpr 81.17 if I recall correctly.

M1

[Endlessnine3]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Looking at another thread they are issuing claims under Cabot financial uk
is that legal ??

[mystery1]

Re: Cabot Financial (uk) limited - Unlicensed trading?

No. But how will the court/judge know if you don't tell them ?

See also #14 & 15 above

M1

[mystery1]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Looking at your claim, it would appear it was issued under the wrong company name: Cabot Financial (UK) Limited, who no longer have a consumer credit license. http://www.legalbeagles.info/forums/...537#post581522

Oooopsie! :grin:

@FlamingParrot

It was more likely to be issued under the CORRECT company name. If it was issued under a version of Cabot that doesn't own it that would also be a big problem as they would have no standing to make a claim.

One would need to check the notice of assignment or other recent letters to check.



M1

[FlamingParrot]

Re: Cabot Financial (uk) limited - Unlicensed trading?

@FlamingParrot

It was more likely to be issued under the CORRECT company name. If it was issued under a version of Cabot that doesn't own it that would also be a big problem as they would have no standing to make a claim.

I meant the UNAUTHORISED one.

[FlamingParrot]

Re: Cabot Financial (uk) limited - Unlicensed trading?

@FlamingParrot

It was more likely to be issued under the CORRECT company name. If it was issued under a version of Cabot that doesn't own it that would also be a big problem as they would have no standing to make a claim.

One would need to check the notice of assignment or other recent letters to check.

How about this letter? It quotes both names: http://www.legalbeagles.info/forums/...709#post581709

[mystery1]

Re: Cabot Financial (uk) limited - Unlicensed trading?

How about this letter? It quotes both names: http://www.legalbeagles.info/forums/...709#post581709

It says the legal owner is the unlicensed version

Who is the claimant ?

M1

[FlamingParrot]

Re: Cabot Financial (uk) limited - Unlicensed trading?

It says the legal owner is the unlicensed version

Who is the claimant ?

M1

I've asked that question [MENTION=69750]stu82[/MENTION]

[Stu]

Re: Cabot Financial (uk) limited - Unlicensed trading?

[FlamingParrot]

Re: Cabot Financial (uk) limited - Unlicensed trading?

[MENTION=69750]stu82[/MENTION] - the claimant is the unauthorised Cabot Financial (UK) Limited. :grin: See below:

Not sure how they can remedy this. It should feature in every defence if it's this version o Cabot that is being dealt with.

Clerical error ? On the assignment, various begging letters and on a claim form with a statement of truth ?

Somebody has seriously messed up and as far as i see this info should be brought to the attention of the claimant, claimants legal team, court, SRA and FCA in every single case.

[humanbean]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Does this mean I could have a defence based on their not been legally licensed to do business? (a :tinysmile_grin_t:faint glimmering of hope...) humanbean

[FlamingParrot]

Re: Cabot Financial (uk) limited - Unlicensed trading?

Does this mean I could have a defence based on their not been legally licensed to do business? (a :tinysmile_grin_t:faint glimmering of hope...) humanbean

You may want to look at this post, the letter was sent only Friday or Saturday so we don't know what response (if any) they'll get, but it's worth a shot.

http://www.legalbeagles.info/forums/...223#post582223