Default 5 months from droping off credit file- what to do?

[sge]

Hi

I am looking for some wise advice. I am finally on my way to clearing up all of my old immature mistakes and have one default on my account that I'm afraid will turn into something more serious if I do not act on it.

The facts are I had a current account with overdraft that defaulted on the 30/6/2009 it becomes statute barred on July 1st 2015. Therefore there is 5 months left until this happens. This account is registered to a very old address that I have not lived in since 2008. I last checked the court records register In dec 2014 and no ccj has been registered against me for this account.

My worry is this still could happen between now and the end of june and if it does it will not go to my current address therefore I will not be able to do anything about it and will likely end up with a ccj.

What I would like advice on is what is the best course of action I should take to prevent this. Is it likely RBS will try and take me to court between now and the end of june?

Or is it best I contact RBS and try to arrange a payment plan? I do not have the account details anymore just the last 4 digits of the account number and address its registered to. How would I go about doing this?

Any advice on this would be welcomed!

Thanks

[nemesis45]

Re: Default 5 months from droping off credit file- what to do?

Hi Welcome,
Is RBS pursuing payment on this?

If you make or offer payment now the 6 year clock will reset stopping the debt becoming statute barred.

If nothing is happening leave it alone, if RBS has not acted now it seem that it is unlikely to do so now.
Keep an eye on your credit files the only concern I would have is RBS selling the debt.

[sge]

Re: Default 5 months from droping off credit file- what to do?

Hi Thanks for your reply it is appreciated.

I understand contacting them will start the clock again.

The only thing im concerned about is- they may be chasing me- but at my old address therefore I am oblivious to it all.

As it stands I have had no contact with them since 2008- this does not mean they have not tried to contact me. Or are not persueing me currently at my old address?

This is what I am concerned about- is it worth contacting them to prevent further action- or taking the risk that they wont- its just getting a ccj for 6 years seems like a high price to pay for something I could have avoided?

This is where I am stuck.