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old repossession debt
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If I were you I'd investigate this 12 year statute of limitations for collecting the debt. If it applies, don't make a payment or acknowledge the debt (ie don't say 'it's mine'). Drag it on as long as possible. Make it clear that you don't accept responsibility for the debt, and you have no assets, don't own your home & you're on benefits so they're wasting their time.
Thanks for that, it seems like sound advice! At the end of the day, they can't have what I havn't got??!!0 -
mightymouse wrote: »Hi budgie69
It is something because it means the claim for the shortfall is likely to go out of time.
I would wait and see but in the meantime take as much advice as you can get but try not to have anyone contact the lender on your behalf unless they know what they are doing.
good luck
Thanks again mightymouse!0
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