Keep getting letters from collection agency worried about contact

Larkin

Hello, in 2004 I defaulted on a £2000 loan from Abbey National, I lost my job due to Ill health was on benefits & in a bad way so I foolishly ignored the threatening letters, the debt got passed onto about 7 different collection agencies until now it is with Santander.

The last letter just says this debt has now been passed onto us and is asking me to contact them to repay the £1840 I owe.

So what is the best thing to do, is the debt still legally binding?

McKneff

Have you paid anything in the last 6 years, have you acknowledged the debt to anyone in the last 6 years.
If you are in England the statute barred limit is 6 years, (which month, do you know) its abviously going to be around the 6 year mark.
(In Scotland, it is5 years)

So we need more info to be able to help.

the_insider

If they've tried to contact you then it's not statute barred. Just call them and work out a repayment plan.

Larkin

McKneff thanks, Yes UK resident, No I haven't made any payments or acknowledged the debt to anyone in the last 6 years, October 2004 was the date of the last payment.

PNPSUKNET

not stat barred then until october this year, if its been passed back to the creditor they may take you now to court

Larkin

But if I contact them now I will be acknowledging the debt, I didn't think a debt could be taken to court if it's under £5000

McKneff

Just contacting them wont acknowledge the debt.
Admitting in writing or paying something off it will acknowledge it.

So now you have a dilemma,
own up and pay it or lie low till the end of the year.

You could send them 'prove it' lettes which will delay matters.

Wait for others to come along with more help.

hullight

Larkin wrote: »

But if I contact them now I will be acknowledging the debt, I didn't think a debt could be taken to court if it's under £5000

They can take legal action for any amount they want paying back. It may also be possible to petition to make you bankrupt for any amount over £750.

wayne99

McKneff wrote: »

Just contacting them wont acknowledge the debt.
Admitting in writing or paying something off it will acknowledge it.

So now you have a dilemma,
own up and pay it or lie low till the end of the year.

You could send them 'prove it' lettes which will delay matters.

Wait for others to come along with more help.

good advice there in my opinion.

Xbigman

Do not contact them at all. Just wait for it to be statute barred. If they try to take you to court, thats when you contact them.
Regards



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