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Am I doing the right thing?
lillypoo
Posts: 313
Forumite
Hi all.
Just want to check I'm going along the right lines here.
One of my credit cards defaulted in seot 2023. Last payment was April 23.
It was passed to westcot, back to original lender, to moorcroft ... I have not interacted in anyway with any of these companies . The last contact I received in writing was moorcroft in August 24. No idea if they try phoning me as I just don't bother with unrecognised numbers.
Anyway I have other accounts on a sekf managed dmp and have been reading about requesting cca's.
But am I right in thinking I should NOT request a cca for the debt this post is about as that woukd be acknowledging the debt?
I'm now thinking it might be possible to ride it out and keep my fingers crossed it becomes statute barred.
If they do eventually sell the debt on I guess that would be the time to do the cca request?
Hope I've explained myself clearly
Just want to check I'm going along the right lines here.
One of my credit cards defaulted in seot 2023. Last payment was April 23.
It was passed to westcot, back to original lender, to moorcroft ... I have not interacted in anyway with any of these companies . The last contact I received in writing was moorcroft in August 24. No idea if they try phoning me as I just don't bother with unrecognised numbers.
Anyway I have other accounts on a sekf managed dmp and have been reading about requesting cca's.
But am I right in thinking I should NOT request a cca for the debt this post is about as that woukd be acknowledging the debt?
I'm now thinking it might be possible to ride it out and keep my fingers crossed it becomes statute barred.
If they do eventually sell the debt on I guess that would be the time to do the cca request?
Hope I've explained myself clearly
0
Comments
-
Acknowledgement of a debt in writing really means nothing, yes its my debt, so what, means nothing as a rule, its only going to be an issue if you intend to rely on the debt becoming statute barred.
The limitation period in England and Wales is 6 years without payment or written acknowledgement.
Is that your plan?
If so stay quiet unless you have to contact them, if they start a court claim for example, otherwise stay off the radar.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 -
Thanks sourcrates. Yea I'll stay quiet fir now. See how long I can ride it out.0
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