10 year old debt moved to new DCA

bassbassbass

Hi there,

I recently starting getting emails from a DCA with just a reference number and no details, just an offer of discount.
I’ve queried what it is and asked for original documents which they have sent.
However they have since told me that the account has been transferred to another DCA.

I’ve no idea if I paid it because it was well over 10 years ago the original loan was taken out.

Should I wait to see if I get any written contact ( I think I have missed a call ) ?

Can I send them a statue barred letter or shall I wait for contact?

Many thanks

fatbelly

At the moment you don't know who has this debt.

I'd wait to see what comes next

You seem to recognise it as your loan. When did you last make a payment to it?

sourcrates

Wait until a letter arrives which details exactly what they are chasing, then, if you believe it;s SB, send the letter.

National_Debtline

Hi there,


So, first of all, it is important to understand the limitations act. Under the Limitations Act 1980 it states that if there has been a 6 year block of time since the debt fell due, with no written acknowledgement or payment to the debt and no county court action started, then the debt may no longer be enforceable through the county court and becomes known as Statute Barred.


The 6 year clock starts from when the first payment was due and missed or from when the last payment was made or from when the last written acknowledgement was made - whichever is the later. So, unfortunately, when you took out the loan is not as important as when it fell due.

As other posters have said, there isn't much you can do until you receive a letter from the debt collector confirming they now have the debt. When you receive this, you could send the statute barred letter, if you think this applies. Good luck,


Laura
@natdebtline