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Ebay/Paypal debt
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Bum2018
Posts: 77 Forumite
Hello,
I am looking for some advice. I have debt with Ebay/Paypal from 2012.
Is this debt still enforcable ? I dont beleive either use credit files etc so not sure if it can be statute barred ?
Any advice welcome.
I am looking for some advice. I have debt with Ebay/Paypal from 2012.
Is this debt still enforcable ? I dont beleive either use credit files etc so not sure if it can be statute barred ?
Any advice welcome.
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Comments
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When did you last acknowledge it?0
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Pretty much ignored it since 2012. I may have logged in to Ebay a couple of years ago though...0
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The Limitations act 1980 is an act of parliament which gives creditors a certain timeframe to recover money owing to them, the limit is six years.
The clock ticks from the date of either the last missed payment, the default date, or the last time the debt was acknowledged in writing, dependant on the type of debt, and the courts interpretation of the law.
This is known as the "cause of action date".
If your debt falls within this criteria, it will now be statute barred, however, this does not mean the debt in unenforcable, if you ignore it, the creditor can still take you to court and obtain a judgement in default.
If you are contacted about the debt again, you must respond with a letter telling them that time has run out to collect on this account, and the debt is statute barred, only once youve done that does the limitations act kick in.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
paypal/ebay do not report to any credit agencies , and as such there is or was not ever a default date
paypal/ebay are a foreign registered company0 -
If your thinking of using ebay/paypal again then google the threads where people did the same and then found their accounts frozen and unable to access their money.
They cannot take you to court for the debt, but the debt still exists.Censorship Reigns Supreme in Troll City...0 -
twhitehousescat wrote: »paypal/ebay do not report to any credit agencies
Incorrect. PayPal are reporting to my Noddle file.0 -
I use noddle
I have a paypal account
paypal is not shown
perhaps you mean a paypal CREDIT card is reported on noddle0 -
I have the similar issue as a topic started. Any ideas?0
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I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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