Old debts

burkey365

I need some help i am 35 years old and my life is all over the place, a year ago overnight i went blind and paralysed, spent a year in hospital and 6 months in rehab, i am now in a wheelchair buty sight has returned, while trying to get things on track i was going thr ough my mail and paying off debts but i received 2 letters about debts i apparently owed 15 years ago on a credit card and a bank loan which i totally forgot about, can t hey still make me pay these or is there a time that elapses and they are written off, I mean i will pay if i have too but its a struggle now i am on benefits, I just wish i had remembered about them years ago instead of burying my head in the sand please help i am worried sick over this

WASHER

Have you acknowledged these debts at all in the past six years. If no then they could be barred statute.

kaisersoze_2

See post numbers 9&10 by RAS

http://forums.moneysavingexpert.com/showthread.html?t=703585

McKneff

Okay, sorry you have been poorly.

Any debt that you have not acknowledged in the past 6 years is 'statute barred'
so unless its a CCJ they cannot chase you for it or enforce it, so stop worrying about that. Other posters will be along to guide you to a link for letters to send back to these morons who are just trying it on.

Good luck and i hope you keep on improving.

burkey365

Whay do you mean by not acknowledging, I have not been in touch or paid anything or arranged payments but my mother said that over the years there has been letters sent to the home chasing it up and phone calls asking for payment..what do i do though, do i phone them and say its been over 6 years or is there some form to fill in, I mean i am embarrassed i never paid them so it will affect my credit but in my new situation its just not possible..appreciate all your help on this matter

RAS

Hi

If You have written to them, without writing "I do not acknowledge any debt to your company", that is acknowledgement. You phoning them is not acknowledgement nor is anything they wrote to you.

These debts fell off you credit record nearly a decade ago. Even if there is a CCJ, then the company have to go nbakc to court to get permission to chase you now and that is unlikely to be given.

You need to write the statute barred letter. That is all. You do not need to pay, and it cannot affect your credit record.

burkey365

Thanks all and RAS i will send the letter, so does this automatically fall off my credit or do i need to contact someone..does any debt after 6 years just fall off automatically

RAS

All debt fall off your credit record after 6 years, automatically (although it might be 6 years and 2 months before is fully disappears because credit agencies take a bit f time to sort things out.

Ames

Yes, debts automatically fall off your credit record after 6 years, you don't need to do anything about that, but you do need to write to the people chasing you for debts.