We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Removal of Default
Chrissylad49
Posts: 1 Newbie
Hi Everyone
I hope someone can help, I had a phone contract that defaulted on the 17/01/2008 and the 6 years will be up soon.
Will the default still be removed even if their is still an outstanding balance??
I hope someone can help, I had a phone contract that defaulted on the 17/01/2008 and the 6 years will be up soon.
Will the default still be removed even if their is still an outstanding balance??
0
Comments
-
Chrissylad49 wrote: »Hi Everyone
I hope someone can help, I had a phone contract that defaulted on the 17/01/2008 and the 6 years will be up soon.
Will the default still be removed even if their is still an outstanding balance??
Yes, the default will be removed regardless of the balance being paid off or not.I'm a Board Guide on the Credit Cards, Loans, Credit Files & Ratings boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views are mine and not the official line of moneysavingexpert.com0 -
And if not paid or acknowledged in writing for 6 years it will be statute barred also, maybe before the default falls off.:beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.6K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards