Any chance of a reply this time please.

Junglist_grans

Posted a few days ago asking about how long debts last for and got no responce.

millionaire_in_training

mine will last for ages. But i'm not sure if thats what you mean. I wont be debt free till 2011

tallyhoh

They usually last till you pay them- no offence, only joking.

Do you mean how long will it be till they stop chasing you, which is never or how long it is until they can no longer claim the debt, which they will try.

Perhaps you could try posting the situation as it is, it will be easier to answer.

Tallyhoh.

mae

You need to be a bit more specific I think for anyone to be able to give you a reply. Tell a little more and I am sure someone will be able to help.

furndire

Try asking on www.consumeractiongroup.co.uk if no-one answers.

AlisonCVS

Do you mean, how long does a debt stay outstanding if you have not been paying and the creditor has not chased you for a certain amount of time ? Is it that length of time you are referring to?

I think it used to be 7 years 7 days but not sure if that is still true.

It is a bit unclear what you mean as the length of staying in debt to a creditor depends on the amount of the debt and the amount of it you are paying off each month.

I have been told that a creditor can only chase you a maximumo f once a month otherwise it is harrassment. (Interested to know if that is true)

Junglist_grans

Situation -

3 or 4 debts of upto £500. All from a misspent youth about seven to ten years ago. Only ever here from one (capquest -hsbc debt). I was just interested to see if

a) my other debts will still be out there and the only reason they don't contact me is because I have moved house, changed number etc..

b) I spoke to cap quest once saying what are you talking about I'm not about to give you £500 send me some details. They responded with some court threats and still are two years later. Will they ever give up or take me to court?

c) Is there any legal limits on how long they can try and recover a debt? ie I had an unpayed phone bill about 15years ago, is there likely to be some debt collection agency holding this debt?

One last question I never want credit again and most of these debts are 90% charges and interest why should I cough up the money?

RAS

Junglist_grans wrote: »

Situation -

3 or 4 debts of upto £500. All from a misspent youth about seven to ten years ago. Only ever here from one (capquest -hsbc debt). I was just interested to see if

a) my other debts will still be out there and the only reason they don't contact me is because I have moved house, changed number etc..

They can come looking but should be statute barred

b) I spoke to cap quest once saying what are you talking about I'm not about to give you £500 send me some details. They responded with some court threats and still are two years later. Will they ever give up or take me to court?

Have you ackowledged them in writing at any time?

c) Is there any legal limits on how long they can try and recover a debt? ie I had an unpayed phone bill about 15years ago, is there likely to be some debt collection agency holding this debt?

Will also be statute barred

One last question I never want credit again and most of these debts are 90% charges and interest why should I cough up the money?

Go to martin's articel under Cards and Loan and get your credit checks done for free. If anything is lurking it will be on there.

wbk666

Junglist_grans wrote: »

Situation -


a) my other debts will still be out there and the only reason they don't contact me is because I have moved house, changed number etc..



One last question I never want credit again and most of these debts are 90% charges and interest why should I cough up the money?

I'd say A)
and in answer to your last one.
Could you lend me £500 and then i'll give it back erm?.........never because i wont want to borrow off you again.

wanting and needing credit are two different things, unless your a multi- millionaire now never say "never";)

Junglist_grans

Cheers Ras

I'm going to send them the - I do not acknowledge ANY debt to your.......
letter you posted in another thread. Very helpfull. Not really too stressed about them, but they are wasting a huge amount of paper so should try and stop them.