Defaults - want to do either token payment or F&F

sydneybean

Hi,
am hoping someone can help me with a couple of questions. I have looked through the forums for the last week or so and think i now have an understanding of defaults;

I have 3 defaults:
Arrow Global - £912 default date Feb 2010
MKDP - £777 default date May 2011
Capital 1 - £3401 default date Dec 2012

I have never acknowledged any of these debts and tried to not even open the letters in the hope they would go away

So from some digging my understanding is that even when they drop off I can still be chased for the debt?

So I now just want to start to deal with them, I am trying to get myself fully sorted and just want it all gone, LBM finally?! :T

So do I write to them acknowledging the debt and offer them a token payment of say £5 a month, if so what letter do I use

Do I have to give them a list of my income/outgoings or do they just say that i have to?

Or should I just offer them silly amounts like 10% of the debt to settle, especially on the one due to drop off next year?

sorry for the long post, any advice gratefully received though

PS - have 4 defaults showing on Sig - recently defaulted on £390 totally my fault (obviously!) but my dad died and started a new job and it slipped through the net so just want to pay that one in full

sourcrates

Hi,
If you have not acknowledged or paid a debt for a period exceeding 6 years (in england and wales) then the account could be statute barred.

At least one of your debts looks like it may fall into this category, if your not been chased for these debts, then i would hang fire for now.