Holy Cow!

AGB863

Can't advise on you r last question

With regards to the letter, if you use this link to the National Debtline, you can input all the details in the template on the web page and then print it off - saves you having to type it all out

http://www.nationaldebtline.co.uk/england_wales/debt_advice.php#6

Idiophreak

As previously mentioned, you're probably best off starting a new thread "toplass5 SOA" (following the guides in the sticky threads) and that will attract the most people to give you help.

tomterm8

AGB863 wrote: »

Can't advise on you r last question

With regards to the letter, if you use this link to the National Debtline, you can input all the details in the template on the web page and then print it off - saves you having to type it all out

http://www.nationaldebtline.co.uk/england_wales/debt_advice.php#6

The above letter was altered a little because it responded to a statutory demand; don't use the original nationaldebtline letter. To save time, you can cut + paste the reply (i.e. use your mouse to highlight the text, go to the edit menu and select the cut option in internet explorer, open word, then go to edit-->paste ).

I fifth the SOA idea:)

toplass5

what is SOA???? SORRY 1st time on here and not exactly computer savy!

tomterm8

SOA = Statement of affairs, a budget that includes (a) all debts, and interest rates (b) income (c) all items of expenditure.

If you go to the top of the forum, there is a thread "First time posters". Click on that and read it, it will give details about how to make a SOA.

smashedbooboo

Hi hun. An SOa is all your incomings and outgoings. If you have a look at southern scousers thread at the start of the forum it will explain how to do it. This debt if it this old should be statute barred. UNLESS you were taken to court years ago and have had a CCJ put on you for this debt.Have you checked your credit file recently. Is there anything on it that shows up about this debt.

Eager_Elephant

Hi toplass

I came across a Statutory Demand for a client of mine from Connaught Collections (I am a Money Adviser), this had been sent to her back in Janaury but as she has problems reading and writing she did not realise what it was.

I rung them and asked if they had made her bankrupt yet (her debts were such that she needed to go bankrupt and I thought this would save us a job and some money).

The guy on the phone said no not yet, but they were looking into her assets before making her bankrupt, please can I confirm her assets - I said No but can you hurry up and make her bankrupt so she doesn't have to pay herself!!. He was not amused and said they would not rush into things!!!

I agree with the letter previously posted about Statute of Limitations but please try to think back to when it was because if you have acknowledged it within the past 6 years even though the debts is older than that then the clock starts again.

So if you were paying this up until 4 years ago then the 6 years starts from the last date of payment.

If you are in negative equity maybe they will petition for your bankruptcy and get nothing back - that would be so funny!!!

EE

snails's_pace

im not very good at advice about this sorta thing, but i thought (and yes im probably wrong0)..that after 5/6 years ...the debt cannot be chased if there has been no correspondence between the 2 parties in that time?

smashedbooboo

sTATUTE BARRED IS 6 YRS AND 1 MONTH. bUT YOU MUST NOT HAVE MADE CONTACT WITH THEM IN WRITING TO ACKNOWLEDGE THE DEBT.

Eager_Elephant

Also you must not have made any payments either within 6 years.

However if you have moved and not informed them then it's likely if they took it to court that the judge would be on the creditors side because if you haven't kept them updated then how could they chase you.

This does not happen often because most creditors as soon as they are told about the 6 year rule will back down.

EE