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Default dropped off but still paying debt off
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so you guys are saying when 6 years passes and the default comes off your file - you still have to pay that debt?
is that what you guys are saying?
I think most people thought if you have a debt and dont pay it/default on it then a default appears on your credit file, that is effectively a punishment because you didnt pay your monthly payments on the debt - now it sounds like, it wouldnt matter
so its a punishment for 6 years + you still have to pay the debt in some way shape or form......
Yes you do, otherwise they could CCJ you.0 -
Unless .... you have made no payment (or acknowledged the debt in any way) in the last 6 years, in which case it becomes statute barred and is unenforceable0
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Westminster wrote: »Unless .... you have made no payment (or acknowledged the debt in any way) in the last 6 years, in which case it becomes statute barred and is unenforceable0
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