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Do executors have to pay a disputed debt?
Comments
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No, acknowledgement doesn't have to be in writing.
It can be any form of contact, including making any payments.All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0 -
Most debts become statute barred after six years. The debt still exists but cannot be enforced. If the debt is subsequently acknowledged by the debtor the six years starts to run again.I read elsewhere that debts become statue barred after 6 years if no acknowledgement in writing has been made. Is my interpretation correct?0
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