Overdraft assigned to Cabot

[highwire]

Hi,

I've just had a letter of assignment from Cabot for a overdraft I defaulted on 2 years ago. It was an old student account turned graduate account that I stopped repaying when it went from interest free to £90/month which was a ridiculous fee.

I'd just like to know what, if any, my options are? I calculated that about a third of the balance is made up of interest and charges. I disputed these with the FOS recently and lost.

I can't make any payments atm because I'm out of work and totally skint. Are Cabot likely to serve a CCJ claim on me quite quickly or do they hold off for a while? This won't be statute barred for another 3 and half years so I doubt they'll wait that long.

Is ignoring them the best policy in the interim, or do I tell them I'm broke and unemployed, or just go on the defensive and start requesting all the documents etc?

I'm aware overdrafts aren't covered under the CCA so they don't have to provide any agreement, is that right?

Sorry, so many questions. I just don't know how best to approach this.

Thanks

[highwire]

Re: Overdraft assigned to Cabot

Anybody able to help? They're calling every number they have for me non stop despite me requesting all correspondence in writing.

What legal documentation do they require to pursue an overdraft? I read somewhere that although overdrafts don't require an agreement, they should have prescribed terms and conditions which need to be provided?

If anyone can assist that'd be great!

[highwire]

Re: Overdraft assigned to Cabot

Is this website broken?