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How Long is a Debt held for?

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cathiegibson | 17:08 Tue 04th Mar 2008 | Personal Finance
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A close friend of mine accrued debt whilst in the Army. This was over eight years ago. How many years is it until the debt is written off or you are legally bound to pay it.
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Avatar Image anniebird
Morally your friend should still pay but if the debt has not been chased or acknowledged for 6 years it cannot be pursued through a court.
17:13 Tue 04th Mar 2008

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