How long before a debt is written off

Tixy

Tellmeitisntso wrote: »

I have today received five years of invoices for a service charge that I didnt know I owed. It was an admin error and affects some 10 people..... amounting to £1,500 per household..... am I liable..... it has come as a shock. It was somehow missed by the accounting department and I guess an audit has brought it to light. It was for a monitoring charge of an alarm system... I have paid for the twice annual services etc over this time and in no way thought I owed anything else.

Welcome to the forum
You really need to start a new thread for your query. It would probably be useful if you can describe your circumstances - does this relate to your residential property do you own your property leasehold or freehold etc?
You might want to try your new post on this section of the forum House Buying, Renting & Selling

adb34

So when the six years has lapsed how do you get this debt removed from your credit file?

sourcrates

shanny40 wrote: »

Hello everyone, I have a credit card debt thru my bank that is 20 years old, yes, 20 years. I have just now within this last 6 months have had a creditor contact me to pay it back. I was told years ago that since it is so old that it written off but could possibly still affect my credit rating. This company has given me an offer to pay a very low amount compared to the original amount, which is very high because of all the interest. I do not want, or can afford, to pay anything and I have told them so. They are now telling me that since my debt is with the same bank institution I am with now, they could literally take the money out of my account without any court papers etc..can this be done??!!

Help!

Yes, its called "right of offset" because you owe your own bank money, it can quiet legally take what you owe it from any account of there's held by you, of course the funds need to be there first of course, you need to change banks for definite as they can take this money whenever they want from your account, there is no time limit on this, the only way out of it is to close all accounts you have with this bank, you can then send them the "statute barred" letter, and that should be the end of the matter.

National_Debtline

adb34 wrote: »

So when the six years has lapsed how do you get this debt removed from your credit file?

Hello there,

Information regarding your credit agreements generally stays on your credit file for a period of six years, as such it's usually the case that after six years the information will simply fall off the file automatically.

If you click through this link you'll be able to find our credit referencing fact sheet.

Best wishes,

David @natdebtline

rikkic

order sumthink for a online catalog round about 6 years ago was 40quid forgot all about it now they think i ow thm 177 cause the debt been pass on can they still chase me for this and can they send me to court i dnt think i shud pay 4times teh amount originally owed a lil help people a door caller came to my house the other day left a card am not paying £177 after 6 years were do i stand can they take me to court or shoud the debt be statue barred ?

rikkic

order sumthink for a online catalog round about 6 years ago was 40quid and england shirt forgot all about it now they think i ow thm 177 cause the debt been pass on can they still chase me for this and can they send me to court i dnt think i shud pay 4times teh amount originally owed a lil help people a door caller came to my house the other day left a card am not paying £177 after 6 years were do i stand can they take me to court or shoud the debt be written off and tehere trying there luck ?

rizla_king

Give them this letter https://www.nationaldebtline.org/EW/factsheets/Pages/25%20EW%20Time%20limits%20for%20recovering%20debts/Page-06.aspx

hayleyrose_2

Hi, My boyfriend has a debt with Halifax its been around 3 & half years they have not chased him nor contacted him at all. We are now looking to have our own property but are worried in doing so. If we get our own home will Halifax then catch up to our new address? Advice very much appreciated, thanks.

sourcrates

hayleyrose wrote: »

Hi, My boyfriend has a debt with Halifax its been around 3 & half years they have not chased him nor contacted him at all. We are now looking to have our own property but are worried in doing so. If we get our own home will Halifax then catch up to our new address? Advice very much appreciated, thanks.

Hi,
Please start a new thread, this old thread is from 2012.
Just click the "new thread" button !!!!