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offer to clear debt

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have 1800 owing to halifax and have an offer to pay back 1100 discount by june 7 th is worth paying my mum will offer the cash as i have 500 saved for emegencies advice please thank you

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  • mcjordi
    mcjordi Posts: 4,238 Forumite
    Part of the Furniture Combo Breaker
    offer a bit less hun
    Sealed pot challenger # 10
    1v100 £15/300
  • RAS
    RAS Posts: 35,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    And, please can we check how old this debt is?

    And before you pay ANYTHING, assumin git is not staute barred, then you need to ensure that your payment is full and final and that you credit record is marked as such.
    If you've have not made a mistake, you've made nothing
  • gpaul49
    gpaul49 Posts: 92 Forumite
    debt is 6 years old my mun has offered 800 pounds to loan me
  • GeorgeUK
    GeorgeUK Posts: 7,737 Forumite
    If you have made no payments towards the debt for 6 years (5 in Scotland) and not acknowledged the debt in writing, then it is statute barred.
    After falling off the gambling wagon (twice): £33,600 (24,000+ 9,600) - Original CC Debt: £7,885.91

    Dad Gift 6k ¦ Savings & Inv Tst: £2,500
    Loan 10k: £0 ¦ Dad 5.5k: £2,270 ¦ LTSB: £0 ¦ RBS: £0 ¦ Virgin £0 ¦ Egg £0

    Total Owed: £2,270 (+6k) 11/08/2011
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