Idem Servicing

Robocop16

Hi

I have an old debt which I have always made small payments to. It has long since dropped off my credit file but they still want payments. They have provided me with a CCA and statement of account. Can I get away with just paying silly little amounts until I’m on a better position to make a decent offer?

TIA

[Deleted User]

You could offer it, but if they're not happy, they may go for a CCJ.

National_Debtline

Hi Robocop16,


You should do a SOA and make them a proportioned offer based on what you can afford and your other debts. Write to your debt(s) and make a fair offer to repay. If they refuse, then send the payment regardless, and try and stay firm in your offer.


They can enforce the debts with debt collectors (who are not bailiffs) or the county court (which is civil and mainly done in the post). Before court action is taken you should receive a letter before claim letter giving you 30 days notice to try and resolve the matter before court action begins. You also need to be aware that if they get a CCJ this can damage your credit file and ability to get credit over the next 6 years as that will be recorded on your file.


You may have other options as well. If you post your SOA then we can see if other options may suit you, such as a free DMP.


Laura
@natdebtline

Robocop16

Thanks for the reply.
So even though it is very old debt and it has dropped away from my credit they could still go for a ccj which would show up on my file?
Thanks

[Deleted User]

Yes, because the debt is still owed.

National_Debtline

Hello again,


The payments made over the years means the debt is still active and enforceable, which unfortunately means that the county court is still an option for the creditor. Debts will show on your credit file for 6 years from the date of default and judgement (if a CCJ is obtained). So although the default has already come off, a CCJ can still be recorded.


The best thing to do at this stage is post your SOA to get more guidance - http://www.stoozing.com/calculator/soa.php


Laura
@natdebtline

Willing2Learn

@ Robocop16 - If you are going to make an offer of a Full and Final Settlement, I suggest starting at 10% of the debt and go from there.

macman

The fact that the default has dropped off your credit history does not make the remaining debt void, since you have continued to make repayments. So it's not statute barred after 6 years.