Default posted twice on same debt?

paugeo

Hi,

My OC was Barclaycard and they issued a default on my credit file in April 2010. The debt was purchased by MKDP LLP in 2011. If I enter into a repayment schedule with MKDP to keep them at bay until the 6 year period of April 2016, can MKDP post another default on my credit file if I stop paying April 2016?

Or does the default just drop off because you can only have one default on a debt even though a DCA is the new owner?

fermi

Any default they post must have the same date as the original, so would be gone in 2016 or just never appear.

paugeo

So even though the DCA has bought the account giving the original debt a new owner and presumably a new DCA account number, the original default date is the only one that can be used?
Are you absolutely positive of this?

fermi

Yes, absolutely.

paugeo

I guess they only thing is then that once I start making repayments if I default in April 2016 whilst the default and all evidence of the account will disappear, I've reset the clock in the statute barred area?

PaulW922

Yes the 'statute barred clock' as you put it restarts every time you make a payment or acknowledge the debt. Just because the default has gone from your file does not mean it cannot be enforced. Furthermore, a CCJ could still be applied for, even after the default has dropped off, and that would they stay for six years from the judgement date.