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With a Staturory Demand from a debt that is 9 years old.
Is this legal?
Thanks in advance.
Is this legal?
Thanks in advance.
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Replies: 71
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Is it a student loan?
Have you made any payments in the last 6 years to this debt? |
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If they have made no contact for 5 years then no. Tell them to feck off
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debt secured againt assets?
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I would guess it depends on when they took action against you for the first time.
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Or acknoledged the debt in the last 6 months
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Please expand.
Is it an unpaid libary fine or have you been missing mortgage payments on your house? |
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6 replies within 10 seconds! :^0
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:0
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Not a student loan.
Not secured against assets. Not acknowledged the debt, in last 6 months. Should I just ignore? |
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sorry should have said: Or acknoledged or made a payment to the debt in the last 6 years
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if you owe it, pay it
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It was a bank loan I took out 10 years ago.
According to the debt company I owe 2K. |
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Have not made a payment or acknowledged, in last 6 years.
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Tell them to go p h u c k themselves with a wire brush.
Then hang up and change your phone number and move house. Problem solved :) |
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http://www.payplan.com/debt-library/joint-and-several-liability-the-limitation-act-1980.php
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If you haven't made a payment or spoken to them in the last 6 years, you should ignore it if you don't want to pay it. They can't do anything.
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Not moving house for 2K
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Redrich. Think they phoned me about 6 weeks ago, but I certainly did not verbally acknowledge the debt.
Many thanks Sir. |
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Send them somethign like this:
1 High Street, Newtown, Kent R21 4RH June 28, 2006 The Loan Company Company House, Church Street, Newtown, Kent, R1 7HG Dear Sir/Madam Acc/Ref No 4563210025897412 You have contacted us regarding the account with the above reference number, which you claim is owed by ourselves. We would point out that under the Limitation Act 1980 Section 5 |
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they can't touch you. The reason they make these threats is that they scare people into paying the debt even though legally they cant force them. I'd imagine that some people pay up without realisng that they can ignore the letter.
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The financial mess this country is in was caused by shirkers like you.
Pay up! |
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^ no it's not
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^ yes it is!
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^ snot
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^ snis!
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n't
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Many thanks guys.
Small print reads: If you wish to have this matter "SET ASIDE", you must make application "WITHIN 18 DAYS". If you do not apply to set aside within 18 days, or otherwise deal with this demand as set out in the notes "WITHIN 21 DAYS" after its service on you, you could be made bankrupt and your property and goods taken away from you. |
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Rubbish
:) |
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Don't worry about that Saxon. just bully boy tactics to try to make you pay. They have probably acquired the debt along with 10s of thousands of pounds more for next to nothing in the hope that they will be able to bully one or two people into paying who are unaware of their rights.
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lol. with stuff like that always look out for words like "could" and "may". it means they have no intention of doing anything, just hoping you fall for it and pay.
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You spent the money. Pay it back man.
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"could" lol
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Thanks Ted Brogan.
Was thinking about contacting one of my "Solicitor Friends", but sadly, a couple are in prison! |
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Ive had so many of these in the last 4 years since leaving the UK. Here is what they do...or the chain of debt so to speak...
Bank sells to Debt Collector 1 (DC1) DC1 say pay up and give us the whole amount now Refuse aka Ignore DC1 says ok, fine we r kind, you may pay 75% right now or 100% we did ask nicely! Refuse aka Ignore DC1 threaten court Ignore DC1 threaten repossession Ignore DC1 sell to DC2 Cycle continues I recently got a letter fromw hat was prob DC15 debt of 1500 they were willing to accept 300 LOL. I ignored obviously. How many times they have threatened repossession is laughable. PS i have all these forwarded from my folks place. I dont exist in the UK tax register or whatever. Jokers |
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i owe a bank £10k on a credit card, over the years theyve sent me about 200 letters all with these threatening words. they never do anything. the reason i dont pay is because they conned me. i got the debt at around 15% apr, about 8 years later i missed a payment and the apr was all the way up to 36%. so i thought ya know what feck off. ive paid the debt off about 5 times over in interest already, no intention of paying em another penny.
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EGG thinks you should bend over for the bank though
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So, THE STATUTORY DEMAND, means nothing legally?
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Have to admit green is right
people not paying up is the issue disgusting to be honest as bad as shop lifting should be nicked tbh |
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Bankers LARGESSE
Dont PAY :) |