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How long can a debt be outstanding
A strange question - We purchased something on intrest free credit back in 2002, and the compnay were due to start taking the money in 2003, which they never did.
I recently had a call from my EX-Bank ( as I am no longer with them ) to say the company had taken a direct debit for £80.00, being nearly 5 years later than they should have - I know I shold have closed the account, but I never got round to it. Does anybody know where I stand in this situation.
I recently had a call from my EX-Bank ( as I am no longer with them ) to say the company had taken a direct debit for £80.00, being nearly 5 years later than they should have - I know I shold have closed the account, but I never got round to it. Does anybody know where I stand in this situation.
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They can chase debts for 6 years..0
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