1st Credit - New Letters

Pink_Floyd_2

Hi All,

I have several pieces of debt from quite a few years ago. Most of which will shortly (4-8 months) become statute barred. Up until now, and certainly for the last 18 months I have had no contact at all from any creditor, or debt collection agency.

However recently I took on a new mobile phone and it would seem 1st Credit have got wind of this through a credit reference agency. So far I've had three letters, one to say they've bought the debt from Lloyds (they actually did so back in 2005) another to request payment, and another stating they think my financial position might have changed, they want payment and may be able to offer an attractive discount.

So, moral issues aside. What are my options here? I know I can in theory be taken to court, but is this likely to happen before the debt becomes barred? I should add if I was to go to court they wouldn't be in line for any major amount of money, either as a lump or monthly payment anyway.

Assuming they play hard ball and go down the court route, is there a way of being 100% sure they are doing so before offering a token payment to prevent this? As I obviously do not want to start the 5 year barred time line starting again.

May thanks in advance.

*Edit* This account had the last payment / contact in Jan '07 so should be barred in Feb '12.

Pink_Floyd_2

Anyone able to help?

bikerboi87

If you owe the money, pay it to the best of your ability

If you don't, ignore it

Rain_is_Insane

It's 6 years not 5

palaran

Unless you are in Scotland in which case it is 5.

Rain_is_Insane

ahhh i do appologise

*slaps wrists*

Gordon_Hose

I've had all of those letters, in that order. They've gone quiet now.