Credit record clear, want to settle the debt

futuresaver2

My credit record has had all the debts removed as the defaults were more than 6 years ago.

I want to settle the debts, to avoid them harassing me/doing searches etc. If I make a full and final payment, will this then appear on my credit file as a settled account, and stay there for another 6 years? or because it has dropped off what happens?

Whats the point of me making an effort to settle the debts if they can re-register it?

* panicking*

fermi

They cannot re-register it.

End of.

taffy056

Can I ask when did you last acknowledge or pay any of these debts? Because after 6 years of nothing they do become statute barred meaning legally they cannot be enforced.

futuresaver2

taffy056 wrote: »

Can I ask when did you last acknowledge or pay any of these debts? Because after 6 years of nothing they do become statute barred meaning legally they cannot be enforced.

i was paying through a dmp with spectrum until 2009.
the defaults were 2006

simon_mdp

Hi,

You are right to be cautious. As fermi says once the defaults are off your credit records they won't come back whatever you do.

However is the debts are still legally due the creditors can still pursue you for them, through the courts or otherwise.

If you were last paying them in 2009, the statute of limitations will not have kicked in yet and will not give you any protection for at least another 3 years or so.

Best Regards