Find myself in debt again! (Scotland)

sourcrates

https://forums.moneysavingexpert.com/discussion/comment/81863934#Comment_81863934

Yes no paperwork would mean it was unenforceable under current legislation, but that scenario has not yet developed.

Best to let default first, then see who writes to you, token payments only at a push to avoid a CCJ, but even with a CCJ if the court feels you can`t afford payments to non essential debts, they will not grant a payment order, so don`t be too keen to give away what money you have.

fatbelly

Statute barred is 6 years.

You have too much surplus for a DRO

Grumpelstiltskin

'Statute barred is 6 years.'

I wonder if the OP is in Scotland.

beezlebob

https://forums.moneysavingexpert.com/discussion/comment/81864118#Comment_81864118

Yes I am in Scotland. Has the statute barred time changed to 6 years?

RAS

No, but your comment is a clue as to your location.

Since Scottish law on debt options is so different to English and Welsh law, you need to edit your thread title (Scotland), or most of the responses you get will be useless.

Added to which those who know Scottish law won't provide the help you want unless you let them know.

beezlebob

https://forums.moneysavingexpert.com/discussion/comment/81864481#Comment_81864481

Thanks. Have just changed this

Themoneyshot

Out of interest, what happens if you take out credit in England/Wales then move to Scotland, or vice versa, when it comes to the legal limitations? Anyone know?

sourcrates

https://forums.moneysavingexpert.com/discussion/comment/81864803#Comment_81864803

The limitation period of the country you reside in takes precedence at all times.

So for example, if you take out credit whilst living in England, then you move to Scotland, the limitation period will be 5 years, not 6.

Themoneyshot

https://forums.moneysavingexpert.com/discussion/comment/81865141#Comment_81865141

Interesting thought exercise if you're carrying a large amount of debt in England at the 5 year mark to register a short term let, send off the relevant prescribed debt letters, and slope off back across the border? I assume they couldn't be reanimated after that?

beezlebob

Another quick question. I have another 6 credit cards but all at £0 balance and have been for some time - 1 of them is dormant. I have a £500 overdraft (never used) and a catalogue account at £0.

Am I best closing these down or just leave them to go dormant?

I’ve also an Argos account all on BNPL - this won’t default at the same time as other accounts which is a pain. It’s only £200 outstanding ending July. I can’t pay this off can I as that would be seen as favouring debt?