Ruthbridge LTD

KVMc

I have just spoken to a barrister who is debt savvy and he said that after 6 years they cannot do anything. Just don't admit it has anything to do with you:

Read this.

If it’s an unsecured debt and it’s over 6 years old and you haven’t made a written acknowledgement or payment of the debt for over 6 years, then as long as there’s no County Court Judgement outstanding on the debt, it’s extremely easy to get the debt written off and the creditors off your back permanently as English law is on your side. An unsecured debt is a debt taken out without any security backing it up, E.g. your home or your car, it includes all major credit cards, overdrafts, store cards, standard bank loans Etc.
If the above is true, there exists an act called The Limitation Act 1980 and under Section 5, “an action founded on simple contract shall not be brought after the expiration of six years from the date on which the cause of action accrued”. These debts are NOT enforceable in an English court of law unless you are silly enough to slip up by either admitting the debt or if you decide to make a payment.

VitaK

When a debt is barred, it is barred and stays barred. There is no undoing that even if you make a payment.

sjw_yorkie

I recently moved into a new house and have been receiving letters from Ruthbridge Ltd for the person who I assume was the previous owner of the house I have returned the letters to the company marked Not known at this address but the letters keep coming the more I seem to return the more appear how can I stop this firm sending these letters to my address when I have told them on numerous occasion that I do not know who this person his or there whereabouts.

fatbelly

sjw_yorkie wrote: »

I recently moved into a new house and have been receiving letters from Ruthbridge Ltd for the person who I assume was the previous owner of the house I have returned the letters to the company marked Not known at this address but the letters keep coming the more I seem to return the more appear how can I stop this firm sending these letters to my address when I have told them on numerous occasion that I do not know who this person his or there whereabouts.

I think that you're doing the right thing.

If you start opening them, they'll think you ARE Mr X.

If you tell them who you are you will probably start getting demands addressed to you.

We really are dealing with the bottom end of the debt collection business in this thread.

arhino30

My husband has just received a letter from Ruthbridge, telling him he needs to contact him regarding a credit card debt for £4450.85, which he has never had. It has been assigned by MBNA Europe Bank Ltd for a Classic Account Credit Card. It has a client reference and says its been passed on from Aktiv Kapital. Never heard of them, and never had anything worth that sort of money, other than a loan we are paying, for more than this amount. (and am postive its not that)
The letter threatens further action, if we do not contact them.
We are very worried .so any help or advice would be greatl received

fatbelly

Sounds like a case for a

prove-it

and you WILL have to report them if they continue collection activity without proving the debt.

Bobster1961

Ive just received a threatening letter from above stating bankruptcy on an old debt that I know noting about. I've just checked my credit file for the first time ever and it is showing as an old debt due to be removed from my file on December the 9th. What should I do?

fatbelly

Bobster1961 wrote: »

Ive just received a threatening letter from above stating bankruptcy on an old debt that I know noting about. I've just checked my credit file for the first time ever and it is showing as an old debt due to be removed from my file on December the 9th. What should I do?

Is it more than £750?

You are saying the credit file shows a default in Dec 2006. Have you made a payment or acknowledged the debt in writing since then?

What sort of debt is it (loan? overdraft?)

Is this a threatening letter or a statutory demand?

Bobster1961

Yes it is over £750. It is for a credit card taken out in 2000. It has been a default on my credit file since 2006 and is due to come of my file in December. To my knowledge I have not paid or acknowledged this debt and according to my file nothing has been paid in 6 odd years.

This is the letter

We have reeeived-noresponse to our previous attempts to establish contact with you
regarding the unpaid defaulted account above.
In an effort to amicably resolve the situation we are prepared to offer a-discount to
settle the balance of up to 50%, subject to criteria. The payment must be received in
our offices no later than 20-11-2012 and would be accepted in Full and Final
____ Settlement oLyour:Jiabjlity-af-ld-wiU-alsG-ensu re-ti:lat y0~~are--A0t{H,!r-s-l;Iee fer--tl'le
remaining balance, at any point in the future by us or our client.
If you fail to contact us to discuss this offer further, propose an alternative
arrangement for the repayment of the balance or advise us of the reasons why you
are unable to pay, we may carry out further investigations into your financial
circumstances with the possibility of recommending the most suitable legal action that
our client could take to recover the outstanding balance.
Due to the size of the outstanding balance and period of non-payment we could
propose that our client looks into the possibility of bankruptcy or sequestration as a
means by which to resolve this outstanding debt.
Should our client proceed with the bankruptcy process they would present a petition to
the Sheriff court and a warrant to cite would be issued to you to attend court for the
proceedings. During the hearing should the Sheriff decide to declare you bankrupt, an
. order for bankruptcy would be issued, following which a trustee would be appointed to
oversee your estate and manage the costs of the bankruptcy and repayment to your
creditors.
We would rather resolve this matter amicably and ask that you contact us to make this
possible. If you are in a position-to take-advantage of our full-andfinal-setttemenroffer
once your remittance has been received and cleared, our client where applicable will
update the credit reference agencies accordingly.
Yours sincerely,
Mr Marcus Graeme
RECOVERY DIVISION

pauletruth

play the despute game. prove it letter first. then cca request will get you passed the statute barred date. remember don't acknowledge debt and don't sign the letters. the default may state the 9th of december but you would have not paid well before the default date say a month or 2 so you should be safely barred.