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    how long is a debt valid
    • #1
    • 15th Mar 08, 12:38 PM
    how long is a debt valid 15th Mar 08 at 12:38 PM
    Hi my wife was contacted last year by a credit agency claiming she owes them over £500 from a bank account she used to have around 8 to 10 years ago that went overdrawn by about £50. She has asked them for a full breakdown of the debt which they did not give and she heard nothing more until yesterday. When they phoned up her Grandad as this was where she used to live and threatened him with bailiffs as his address was where the debt occurred, he is now really worried and we dont want to pay anything to them. Is there a time limit on how long a debt can be chased in the uk
Page 1
    • fermi
    • By fermi 15th Mar 08, 12:44 PM
    • 39,050 Posts
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    • #2
    • 15th Mar 08, 12:44 PM
    • #2
    • 15th Mar 08, 12:44 PM
    Have a read through this factsheet.

    Link: Factsheet | Liability for Debts and the Limitation Act (England/Wales)

    If it applies, then there is a letter to send by recorded delivery at the end of the link.
    I'm a Board Guide on the Debt-Free Wannabe, Bankruptcy, Credit Cards and Loans boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of Board guides are not moderators. If you spot an inappropriate or illegal post then please report it to

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    • chappers
    • By chappers 15th Mar 08, 3:09 PM
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    • #3
    • 15th Mar 08, 3:09 PM
    • #3
    • 15th Mar 08, 3:09 PM
    Also they can't send the bailiffs without a court order and then they don't have any right of entry.
    • iolanthe07
    • By iolanthe07 15th Mar 08, 3:13 PM
    • 4,626 Posts
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    • #4
    • 15th Mar 08, 3:13 PM
    • #4
    • 15th Mar 08, 3:13 PM
    A debt is 'valid' for ever, but it cannot be legally enforced after 6 years (12 for a mortgage) unless you admit to it. This is called the 'Statute Barred' and is the only reason you need give for not paying it. They will try and bully you, but hold fast - don't admit anything. I think different rules apply in Scotland.
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