In Debt.

[slocjo]

Hello.. Sadly I got into debt a few years ago (helping a very close family member) I even sold my house to help (please don't ask me details) Anyway the loan company wrote off a lot of debt, but still shows £11k on my credit file which is on for 6yrs..my question is will I have to pay the £11k after the 6yrs?

[Hymie]

The 6 year time-limit (in the UK) whereby the debt cannot be enforced in court, applies where there has been no contact over that period or attempts by the lender to recover the debt - otherwise mortgages could not last longer than 6 years.

So without more information it’s not possible to give a definitive answer – but if it appears on your credit file, I would say that there is a good chance the lender is still seeking repayment.

[ubasses]

The link below gives a lot of uselful info.

https://www.citizensadvice.org.uk/debt-and-money/help-with-debt/dealing-with-your-debts/check-if-you-have-to-pay-a-debt/