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the past caught up to me

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  • towseriv
    towseriv Posts: 322 Forumite
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    how many years ago?
  • fatbelly
    fatbelly Posts: 20,809 Forumite
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    Sounds like the bank debt hasn't been acknowledged since Oct 2002. So under Limitations Act 1980, it becomes unenforceable in October 2008.

    I'd say 'don't poke it with a stick' (that includes the bank charges idea)

    If you're going to pay the old Cap one debt, don't go for instalments. Negotiate a 'full & final' deal and pay it in one lump. 50% should do it.
  • easty
    easty Posts: 78 Forumite
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    fatbelly wrote:
    Sounds like the bank debt hasn't been acknowledged since Oct 2002. So under Limitations Act 1980, it becomes unenforceable in October 2008.

    I'd say 'don't poke it with a stick' (that includes the bank charges idea)

    If you're going to pay the old Cap one debt, don't go for instalments. Negotiate a 'full & final' deal and pay it in one lump. 50% should do it.

    honestly??? i've never hears of the Limitations act 1980. is there any way for me to check when i last heard from them?
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