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Debts from 1995, to pay or not to pay?
TightFisted
Posts: 71 Forumite
I have just had a letter today from Aktiv Kapital (UK) Ltd
They're wanting payment for a debt from 12yrs ago (1995) of nearly £700
When I phoned them they said they have 4 debts all from 1995 totaling just under £2000 with:
DFS
Dixon Store Group
Homestarters
Burtons
I haven't paid or heard anything from these companies since 1998 when I moved as I couldn't afford to pay them what they wanted (made an offer of £10pm) & all defaulted in 1998.
I seem to remember reading somewhere that after 6 years, if you've made no acknowledge of the debt (settlement or payments) that the debt is voided or something.
Anyone with any helpful advice, as the girl on the phone said I still had to pay them?
They're wanting payment for a debt from 12yrs ago (1995) of nearly £700
When I phoned them they said they have 4 debts all from 1995 totaling just under £2000 with:
DFS
Dixon Store Group
Homestarters
Burtons
I haven't paid or heard anything from these companies since 1998 when I moved as I couldn't afford to pay them what they wanted (made an offer of £10pm) & all defaulted in 1998.
I seem to remember reading somewhere that after 6 years, if you've made no acknowledge of the debt (settlement or payments) that the debt is voided or something.
Anyone with any helpful advice, as the girl on the phone said I still had to pay them?
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Comments
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Thank you for the link, I knew I had seen it somewhere (Limitation Act 1980)0
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Tell them to take a running jump for it!Total 'Failed Business' Debt £29,043
Que sera, sera.
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immoral_angeluk wrote: »Tell them to take a running jump for it!
I did & she reckoned I still had to pay it for moral reasons
I told her 'I have No Morals' when it comes to debt collectors & bailiffs :rotfl:0 -
TightFisted wrote: »I did & she reckoned I still had to pay it for moral reasons
I told her 'I have No Morals' when it comes to debt collectors & bailiffs :rotfl:
lol! :rotfl:Total 'Failed Business' Debt £29,043
Que sera, sera.
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yeah tell em to stick it where Richard Gere's hamster doesn't wanna revisit0
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