question for ya

moony_2

hi everybody.

am new to this site and find it all very interesting.

anyway, my mum had a letter yesterday about a capital one visa card i had about seven years ago.

was having trouble paying the money, wrote to them. got a reply asking to show all my outgoing then never heard anything again, they have decided to try and get the money back again.

is there a time limit on getting the debts back or do i just pay up.

Broken_hearted

If you havn't heard from them in over 6 years then they can go jump. Don't admit to the debt but point out the rules if you write back to them.

moony_2

thanks, what are the rules.

what if its out of the banks hands and gone to debt recovery

moony_2

sorry for sounding thick but whats statute barred and whats sabre rattle lol

Pobby

Statute barred means as long as you havn`t tries to avoid capital one e.g changed address without telling them than you no longer owe the debt.This takes place after 6 years.Sabre rattling um,er means they can kick off all they want but will not be able to persue the debt.

moony_2

i have changed address butnot to avoid them