Not my debt!!!

Kodagirl

Thank you for your replies, my dad told me he had transferred it into his name years ago. I feel like I’m grieving the loss of my parents at the minute, this has done me, I suppose if I should have gone to the Samaritans for any ounce of empathy. So a lesson to everyone, trust no one, even your own parents.
I’ve spoke to someone at work, who used to work in the debt collection industry, I wish I had spoke to her before posting this thread, but I didn’t know until yesterday, she’s given me a much better understanding of how it all works, and even threw in, you would never think your parents would do this to you. Well now I know, I know when my dad told me ‘he had sorted it’ and transferred it into his name, he hadn’t, and I was stupid to think he had, but you live and learn.

System

Your dad is lying to you about putting it in his name. The only way to put it into his name would have been for him to pay it off, either with cash he had or getting a loan in his own name to do it and it would have required you to be involved in making the payment.

Unfortunately "I just want it gone" isn't going to happen unless your parents can find the money to pay it off in one go. Without that then you're lumped with paying the debt if you're not willing to report them to the police for fraud.

Kodagirl

Tarambor wrote: »

Your dad is lying to you about putting it in his name. The only way to put it into his name would have been for him to pay it off, either with cash he had or getting a loan in his own name to do it and it would have required you to be involved in making the payment.

Unfortunately "I just want it gone" isn't going to happen unless your parents can find the money to pay it off in one go. Without that then you're lumped with paying the debt if you're not willing to report them to the police for fraud.

My parents have set up another standing order with this dept management company, in the interim I shall put money aside to pay it off, one day, they are living on credit cards, to get them through to the end of every month. Gambling is evil, and ruins lives.

ruthlessness

is this a joint loan with your parents or just in your name?
- if just in your name then payments by them will not prevent it becoming statute barred
worth getting advice from national debt line

Gaz83

ruthlessness wrote: »

is this a joint loan with your parents or just in your name?
- if just in your name then payments by them will not prevent it becoming statute barred
worth getting advice from national debt line

Wait, what?

chesky

Why would it be statute barred anyway? It's tough on the OP to have such a cr*** family, but the money is owed and the Op isn't disputing it. Why should the father stop paying now?

Exodi

Gaz83 wrote: »

Wait, what?

He's right, if your father set up the standing order 11 years ago, it may also have become barred naturally as we don't know when he stopped making payments.

Send an SAR to see the last default date, I'd be sceptical about using ruthlessness's point as a defence as it's quite reasonable to suggest the payments have been made 'with your permission'.

Kodagirl

Because the debt has been sold, my dad has had to sort out a standing order, now it’s been sorted, he’s already made a payment to them over the phone, and hopefully it will just continue as before, until the debt is sold again. I know the debt is in my name, I never thought, in over 20 years, this money would still be owed, foolish to agree to my Mum and Dad, getting a car in my name, obviously now I realise, yes, but I’m sure most people would say yes, to the very people who had brought you up. However I should not have been asked in the 1st place.
Anyway, it’s done, now, it’s never showed up on any of my credit files, and because it had been years since hearing about it, I believed my dad had taken it over, after he told me, but he’s obviously just taken on the payments,rightly so.

meer53

How has your Dad set up a payment plan for a debt that isn't his ? I don't understand, I don't think your Dad is being honest with you.

PixelPound

Did you give permission to the creditor to deal with your dad or did he just make payments. They will say not SB as payments made, but if you have not made payments or acknowledged the debt in over 6 years, it could be reasoned that payments were not made with your knowledge so not preventing becoming SB.

It has been known for creditors to have a nominal payment on an account and sell the debt on, and there have been cases where this has been disputed successfully when creditor is unable to show the payment was made by or on behalf of the debtor. Though it may not be the same in the case for this with regular payments, if your dad has been an authorised party.

By the age of it I assume that the account has at some point defaulted. If going to pay, don't look at the total amount owed but consider what affordable amount you could pay. Get advice, both legal and debt advice, for more definitive answers.