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6 years
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
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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
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