Debt chase from latern

Wrig83

Hi new here, I've read advice on here a few times ive been chased recently for a debt of £403 to lantern. So I sent them a prove it letter to find out what and who i owed. They sent me confirmation of my debts which admittedly I do owe. Theres 3 in this case as i was a little stupid and took a few loans when I was on the sick from work. I know it's only £400 (which at the min I cant afford)
These dates i took put the loans are
Peachy 24/02/2012
Wage day advance 03/03/13
capital finance 26/08/2011

These dates are years ago I know surely the could be written off now? I dont know how the law works so any advice on my next steps will be greatly appreciated.
They have given me 5 days to reply to them.

sourcrates

Hi,

What are the default dates for these debts, they should show on your credit file.
If there’s been a six year gap between the default date, and now, and you have not made any payment to these debts, then under sec 5, Limitations act 1980 they will be statute barred.

This means the creditor cannot take you to court to enforce their rights.

So check your credit file.

Wrig83

The gap for all of them is over 6 years. No payment was made either.

sourcrates

Wrig83 wrote: »

The gap for all of them is over 6 years. No payment was made either.

Then they are all statute barred, and you should write to Lantern and tell them so.

Template letter can be found here:

https://www.nationaldebtline.org/EW/sampleletters/Pages/Time-has-run-out-to-recover-the-debt-%28sole-name%29.aspx

Make sure you refer to all three debts inc reference numbers etc.