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Loan Advice
Comments
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BugsyBrowne wrote: »If you settle the debt today it will then take a while to hit your credit report with a settled mark, but whatever you do this debt will be completely cleared and removed from your credit report once the 6 years is up even if it's not payed.
The debt will only be cleared once the OP has paid it.
After 6 years the debtor will be unable to pursue it through the courts, and it will not show on the OPs credit reference data, but it can still be pursued and is not "completely cleared".Optimists see a glass half full
Pessimists see a glass half empty
Engineers just see a glass twice the size it needed to be
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The debt will only be cleared once the OP has paid it.
After 6 years the debtor will be unable to pursue it through the courts, and it will not show on the OPs credit reference data, but it can still be pursued and is not "completely cleared".
I know it will be passed on and the harrasing calls from jobsworths will occur demanding payment plans.0 -
heathcote123 wrote: »Maybe it's because some people on this forum get their labour stolen by people like you that would go bankrupt for 4k.
They really need to bring back debtors prison for that kind of scum.
They should bring back the death penalty for murderers and rapists too, is it ever gonne happen???? NAW!
Get over yourself and careful you dont fall off that HIGH HORSE of yours! :rotfl::rotfl::smileyheaMarried on 20/07/2012! :smileyhea
:DBought my new car 11/08/12:D:cool: Save £12k In 2013 Num 009! £5502/£5000 :cool:
Save £12k in 2014 Num 22! £2131/£3000
Emergency Fund £00
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