firebobby
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Probably something you took out in your "youth".
Some firm will have bought a load of case files and are sending out letters in the hope that you will cough up.
Even the Inland Revenue cannot reclaim after 7 years and they wrote the book on tightening the thumb screws. |
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old know all
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Debt collecting firms make their money by buying up old debts cheaply and then trying to enforce them. Some of the debts are real and some are where people have ripped off the debt collectors.
Never take any notice of people who come knocking on your door - just ask them politely to go away. Write to the debt collecting firm and ask for details of why they think you owe them money. They may give up at that stage. You may find that it's an old invoice from someone who gave your address. It may be an invoice that you've paid but someone pressed the wrong button on the computer.
Remember that the debt collectors can only take action with a court order and the court will want proof that you actually owe the money. You will have the opportunity to say you don't and make a counterclaim for the inconvenience. |
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Mimkat
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I believe that after 5 or 6 years if they haven't managed to contact you the debt is written off. Not 100% sure on that so don't quote me. (UK) |
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Physics-Student
 |
NO. Under statute of limitation act, all debt unclaimed within 13 years are time barred unless the creditor tried all available means to track you down and he sent you the necessary paperwork or reminders.
Hope this helps. |
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alatoruk
 |
depends when they last got in touch with you about it. after 6 yearsthey cannot take it through court, but the 6 years re-starts everytime you "admit" to them having told you about it.
sounds to me like they are trying it on, ask them for proof of debt and they will probably leave you alone |
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Amanda
 |
Yes you will probaby be responsible for this debt. Have a look at this website; http://www.idealds.co.uk/more_info.asp?current_id=57 for advice on dealing with debt. |
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Phillip J
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that long and nobody has bothered chasing you for it. check with citizens advice or solicitor, i thought it was 6 years without any contact, then the debt was squashed. |
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chris g
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The statute of limitations for any type of debt (except mortgage) is 6 years. If the people who are chasing you for this debt did not apply for a county court judgement in the 1st 6 years there is no liability for this debt. After this length of time you are also entitled to ask for proof of debt e.g. paperwork with your signature on it. There are a lot of swcams going on out there where people are using our names to take out loans. Check out " Statute of Limitations" on the Internet. |
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pin ball
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if you dont remember it then dont pay it.they've probably got the wrong person. they cant hang you for it so dont worry. |
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dom n olli
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prob yes |
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wartz
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Probably no by a long shot |
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ec_sincity
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The period in which the company is allowed to contact you has expired ...a long time ago
you lucky bugger ! |
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Wunout O
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If you have not acknowledged the debt for 6 yrs. ie. not paid any installments or responded to any of their comunications, then the debt is unenforcable. This doesn't mean that you do not owe it any more, and if the creditor can get you to acknowledge the debt at any time in the future then the clock starts again.
Common tricks areThe debt collector saying something like. "look. Just give me a quid so my Boss doesn't think I've spent all day in the Pub." If you do then BANG!, You've acknowledged the debt and they can now enforce it in the Court.
That's why debts are sold off cheap. Then the new owner of the debt tries to trick you into acknowledging the debt. Do not discuss the debt with any caller. Do not sign anything or give them a penny just to get them out of your face. That's what they want. |
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Charlene
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yes. you bought it now pay for it. |
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Joe D
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Yes, you probably are, unless you have declared bankruptcy since then. Then the debt would have to have been brought before the court, and the court would have determined what partial payment was required to settle the debt. Even then, you are still liable for taxes and attorney fees.
If the debt had been incurred by a spouse and you have since divorced, you would still be liable.
If you are the victim of Identity theft, then you might be able to demonstrate that the debt is not yours. |
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