Debt Being Sold Off

confusedinmanc

Hi Guys,

Quick question.

I have two outstanding defaults with Barclaycard, and BT.

The last payment made was in 2009. The accounts were not opened by me (But that is another story for now.)

My question is with the statute limit. How is it possible to get these removed from your credit file if companies keep on selling each other your debt?

My debt was sold to arrow global and capquest. And than they put the default dates down as 2013. Which means they will stay on my file until 2019.

How is one meant to get a clear name if this keeps going on?

Whats to stop them from selling the debt in 2018 and Im stuck with another six years on my file?

I was out of the country when theses cards were taken out, I have proof and am in touch with both companies to see what proof they have agreements were taken out. and what the hell these cards were used for.

Also, if I were to just bite the bullet and pay them off would it still show as a default in my file or would it show as satisfied/cleared?

Big_Baldy

I always thought it was from the date of the original default, unless you've defaulted again since? I stand to be corrected though.

CKhalvashi

Big_Baldy wrote: »

I always thought it was from the date of the original default, unless you've defaulted again since? I stand to be corrected though.

The same debt can never be defaulted twice, and will be the earliest default.

Some DCA's do try to get around this by placing a new default, however a reminder of this is enough to get it removed, without acknowledging the debt.

andyblack

Your Statute Barred date starts from the very last time you acknowledged the debt by making a payment in full or in part or by sending a written letter signed by you acknowledging the debt.

This is ruled under the Limitation Act 1980 section 29 & 30

There are no other ways for a debt to be acknowledged as far as i am aware under the Limitation Act

confusedinmanc

I understand the limitation act can bar them from legally trying to collect a debt from me. But what I want to know is this.

It seems like the original debts were marked as satisfied and closed, and than sold. And now these companies are trying to collect payment.

Im not worried about them collecting as I believe they dont have a legal leg to stand on, but I want these things cleared from my credit history so I can rent a nice apartment or get a decent job.

I have had to turn down 3 different position due to these errors.