We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Advice required

finkployd
Posts: 3 Newbie
Hi all,
long time lurker but thnink i need some advice. In April 2002 i failed an IVA, for some strange reason my supervisor never petionioned for my Bankrupcy. Fast forward 2 years a company called Max Recovery contacted me via Eversheds informing me that they had bought my debt. We came to an agreement (which i have in writing)to pay amonthly amount and a lump some over 5 years as a full and final settlement. Last week i was contacted about a new debt they had purchased and have told me they want £150ppm on a £2300 debt. I spoke to the Debt charity recomended by most of you guys on here and they have informed me that its now outside the statute of limitation (by just 1 month). even though its from a failed IVA. How should i procede also how binding is the written agreement i have on my other debt with them.
Thanks for taking the time to read fink
long time lurker but thnink i need some advice. In April 2002 i failed an IVA, for some strange reason my supervisor never petionioned for my Bankrupcy. Fast forward 2 years a company called Max Recovery contacted me via Eversheds informing me that they had bought my debt. We came to an agreement (which i have in writing)to pay amonthly amount and a lump some over 5 years as a full and final settlement. Last week i was contacted about a new debt they had purchased and have told me they want £150ppm on a £2300 debt. I spoke to the Debt charity recomended by most of you guys on here and they have informed me that its now outside the statute of limitation (by just 1 month). even though its from a failed IVA. How should i procede also how binding is the written agreement i have on my other debt with them.
Thanks for taking the time to read fink
0
Comments
-
Please anyone got any advice
Thanks0 -
They should treat the two separately . Write the statue barred letter , link around somewhere . If the start getting stroppy, CCA and notice of assignment request them . good luck0
-
Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
Ignore the troll - it's been reported.0
-
multi_millions wrote: »id call myself a ..... misfit...
how clever to know what you are0 -
thanks for the info been in touch with national debt line they are so helpfull.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.6K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.6K Work, Benefits & Business
- 599.9K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards