Desperately need debt help/advice please!?!

fatbelly

in_a_pickle9 wrote: »

Most of the debt is old and some of it is due to drop off my file this year.... The newer debt I have is thing like wonga , phone bills from last year etc, nothing too big and I am trying to come to an arrangement with all the newer stuff so I can get it all cleared off in a a year or 2. I'm just unsure wether to ignore all the old stuff and let it drop off my file (including ccj's) or to contact them but then as I understand the 6 years will start again do I am more than likely to get pestered.

in_a_pickle9 wrote: »

Also I haven't made any payments to any of the ccj's I have. Sould I make a payment arrangement with these even though some are due to drop off my file?
I don't think ccj's ever become statue barred under the limitation act if I am correct?

People talk about the 'six-year rule' but there are maybe three different six-year rules relating to different things. First, entries on your credit file are removed six years after they are marked defaulted (or settled). They continue to exist as debts and you can be chased for them.

Second, debts become statute barred (i.e cannot be enforced through the courts) after a six-year period (England/Wales law) in which the debtor did not acknowledge the debt by payment or in writing. This is NOT related to anything on the credit file. Again, they continue to exist as debts and you can be chased for them but OFT rules say that if you state you will not be paying, the creditor must cease collection activity.

Thirdly, county court judgements cannot be enforced (except by order of the court) more than six years after the date of judgement. The court might or might not give permission.

So in your case I'd suggest all three rules are relevant. Any debts that you are not being chased for and are about to drop off your file, leave them alone. Any debts that are about to become statute barred (even if you're being written to) leave them alone. Any ccjs that are nearly six years old, leave them alone.

The newer debt, sort out without defaults if at all possible. And don't go near a Payday lender!

The fact that you've got reports from Equifax and Experian recently may mean that some of these come out of the woodwork. Ask for advice if they do. And if any of those holding ccjs try to enforce them, ask for advice.