Notifying address change during 6 year "Statute Barred" period?

pammer

Hi All,

I am almost at the end of a very long road to being debt free -  it feels like a lifetime !!!

This is a bit of a 'technicality' question. Last July Cabot confirmed (over the phone) that my last outstanding debt was actually unenforceable and they have not contacted me since. As I understand it, if I do not make payments or 'acknowledge' the debt for the next six years it will be considered as 'Statute Barred'.

I have recently moved, and am not sure if notifying them of the new address is considered an 'acknowledge'? I only want to update the address just so any possible future correspondence/statements from them doesn't go to my old address, but I also would rather not reset the 6 years period.

If someone has experience of this could they advise me? Many thanks in advance for your help ;o)

sourcrates

Depends how the letter was worded, I actually doubt you will hear from them again to be honest.

Debt collectors/purchasers, will occasionally run address searches if they haven`t had contact from you in a while, if they want to write to you, I wouldn't bother, but its up to you.

flipflopflo

I assume that you’ll have a post redirection in place so if they want to get in touch with you before the SB runs out their letter will get to you. 

pammer

flipflopflo said:

I assume that you’ll have a post redirection in place so if they want to get in touch with you before the SB runs out their letter will get to you. 

I'll only have the redirect in place for the next couple of months, but the SB wont run out for over 5 years, so unfortunately relying on a redirection is not a feasible solution.