HELP i don't know what to do??

alouise32_2

HI all, this is my first post and i don't really have a clue what i'm doing.

I recently recieved a letter from global debt recovery saying they were representing Greenwoods personal credit ltd. and they have been instructed to recover the debt of £122.00 from me.
I took this loan out from them with my friend at her house when she lived on the same street as me , but she moved and i asked her how long she has been in her current house, she said 7 years,
so this must mean this debt is statute barred and i have never received any correspondence from them till now!
I would like some advice on what to do, do i send a cca letter first or a statute barred letter? i can't phone them as i'm useless on the phone and will !!!!!! it up?? I know £122.00 isn't alot of money but to me it is and i would rather it be in my pocket than theirs..

Any Advice welcome please

kyh

bump so it doesn't get missed

fermi

Have a read through the National Debtline factsheet on this.

Link: Factsheet | Liability for Debts and the Limitation Act (England/Wales)

If after that you are still sure that the debt is "Statute Barred" under the "Limitations Act 1980", then send the letter at the end of the factsheet by recorded delivery to them.

Note: If you are are in Scotland the period is 5 years, and there is a different factsheet and letter here: Factsheet | Liability for debts & the Prescription & Limitation (Scotland) Act 1973.

alouise32_2

fermi wrote: »

Have a read through the National Debtline factsheet on this.

Link: Factsheet | Liability for Debts and the Limitation Act (England/Wales)

If after that you are still sure that the debt is "Statute Barred" under the "Limitations Act 1980", then send the letter at the end of the factsheet by recorded delivery to them.

Note: If you are are in Scotland the period is 5 years, and there is a different factsheet and letter here: Factsheet | Liability for debts & the Prescription & Limitation (Scotland) Act 1973.

Thank you the letter is done and i'm off to the post office now, big sigh of relief:T

fermi

Quite frequently after sending that letter you will get another one stating that they are:

"disappointed that you are taking this position, and that they wish to remind you of your 'moral' obligation to pay the debt"

and sometimes that:

"we will refer this matter to our legal department to consider further action":rolleyes:

Remember that if the debt is "statute barred", then the only "further action" they can successfully take is to file it in the cabinet marked "unenforceable/unrecoverable debts".