ChatterBank6 mins ago
Debt
8 Answers
I have a number of debts all but one being more than six years old . i have just received a letter in the post at my address from debt collectors that want to contact me . It looks like i will have to go bankrupt . As i understand any debts will fall of my credit record if they become six years old but are you still legally liable to pay them . Can any one help .
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Best Answer
No best answer has yet been selected by jay1977jay. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Most, but not all, debts are statute barred after 6 years from the date of your last contact with them.
This contact includes payment, letter, phone call or visit. It is not 6 years since the date you took the debt on.
Debts will not fall off your credit record until they are paid off.
The statute barring does not work if you moved address without informing your creditors.
This contact includes payment, letter, phone call or visit. It is not 6 years since the date you took the debt on.
Debts will not fall off your credit record until they are paid off.
The statute barring does not work if you moved address without informing your creditors.