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6 year statute barring
sparky0107
Posts: 3,496 Forumite
in Loans
Hi,
Can anyone tell me, does the 6 year statute barring start from the time you take a loan out or from the time it ends?
Thanks in advance for any replies
Can anyone tell me, does the 6 year statute barring start from the time you take a loan out or from the time it ends?
Thanks in advance for any replies
Sparky0107 - Sealed pot challenge member #002. Total for SPC3 £1,030.57 Total For SPC 4 £2247.00 Total for SPC 5 £2574.62 :T Total for SPC 6 £4552.91:T
:rotfl:LC2 & Jakes-Mum are off their heads :rotfl
:j DEBT FREE AS OF 20/01/2012 :j
:rotfl:LC2 & Jakes-Mum are off their heads :rotfl
:j DEBT FREE AS OF 20/01/2012 :j
0
Comments
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AFAIK its from the last date you paid them anything. So a 3 year loan can show for 9 years I think0
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It runs from the time the debt was last 'acknowledged.'
Acknowledgement can be by payment but also by a written communication other than one that says 'I do not acknowledge any debt to your company.'0
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