We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Capquest and 6 yr limitation

Carol57_2
Carol57_2 Posts: 71 Forumite
in Debt-free wannabe
Capquest are chasing me for an apparent debt owed to Capital One. I sent the limitation template letter from here on 11th April and today I have recieved a letter from them including statements from Capital One showing the last payment I made was processed on 26th April 2001.
What is my next step? Am I covered by the limitation act? They have said I need to pay and have offered me various options and if I don't contact them by 3rd June they will pass it to their collections dept.

Can anybody advise me please.

Comments

  • BAILIFFCHASER
    BAILIFFCHASER Posts: 936 Forumite
    They cannot do alot as you are over the 6 year limit.
    ONLY COPY WHAT I AM DOING IF YOU ARE 100% SURE AND YOU KNOW EXACTLY WHAT THE END RESULT MAY BE. ALWAYS CONSULT A PROFESSIONAL BEFORE FOLLOWING MY ADVICE. I AM NOT LEGALLY TRAINED . IF WHAT I AM DOING HELPS YOU IN ANY WAY CLICK THE THANKS BUTTON
  • Broken_hearted
    Broken_hearted Posts: 9,553 Forumite
    If you sent the response on the 11th then you were under the 6 year limit albeit by days.
    Barclaycard 3800

    Nothing to do but hibernate till spring
  • Carol57_2
    Carol57_2 Posts: 71 Forumite
    That's what I thought, but is was sent without acknowledging the debt and just asking for proof of the debt,if i had realised how close it was I would have waited. I still don't know what to do next.
  • Broken_hearted
    Broken_hearted Posts: 9,553 Forumite
    Get proper advice from the CAB or similar.
    Barclaycard 3800

    Nothing to do but hibernate till spring
  • Carol57_2
    Carol57_2 Posts: 71 Forumite
    Should I ask for a copy of the signed agreement?
  • Carol57_2
    Carol57_2 Posts: 71 Forumite
    Anybody got any ideas what my next step should be?
  • Tootsie_Roll
    Tootsie_Roll Posts: 733 Forumite
    Carol57 wrote: »
    Anybody got any ideas what my next step should be?

    How about (shock, horror) paying the debt. Just because you may have exceeded the 6 year timescale doesn't mean you don't still owe the money, just that they can't enforce you to pay it via the courts.
  • Carol57_2
    Carol57_2 Posts: 71 Forumite
    Thanks for that helpful reply.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture