We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
6 years
Options
neil9417
Posts: 10 Forumite
I have 2 defaulted accounts on my file that are nearing 6 years old. The chances of me settling them are remote as they are £16k.
Will they disappear of my file after 6 years never to darken my door again?
Will they disappear of my file after 6 years never to darken my door again?
0
Comments
-
They will disappear from the credit account section of your report 6 years from the initial recorded default date. All trace will be removed, and nothing about them can be re-added there.
Only way they could possibly impact your credit report again is if a CCJ is obtained for them, which you fail to pay within one calendar month of the judgment date.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
in your opinion what are the chances of that happening?
Thank you0 -
Can never say for sure, but for that sumor sums, unless there is a legal bar to them taking court action, then I would say a reasonable chance. See more court claims than you used to, and many for a lot less than that.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
so am I best to try and do a deal with the lenders.....what do you recommend? Don't want another 6 year sentence....0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards