advice please on a loan that was taken 12 years ago

[CleverClogs]

Re: advice please on a loan that was taken 12 years ago

so just to clarify i dont have to pay them there just trying to trick me into paying

If there was neither any written (or emailed) acknowledgement of the alleged debt, nor any payment made by you (or by someone acting on your behalf) between January 2005 and January 2011, no subsequent payment can revive that cause of action. They might not like that and they might even prefer to ignore it, but that is the law - Limitation Act 1980, section 29, paragraph 7. Were they to try to sue, they'd need to prove that there had been some written or emailed acknowledgement between January 2005 and January 2011, or payment made towards the alleged debt between those dates.

You do not need to prove anything.

For them to claim that a payment made in July 2011 has somehow prevented the debt from becoming Statute Barred is simply nonsense.

and if i report them to trading standards what happens do i have to take them to court or something or will i just have to make a statement for trading standards to discipline them

You may be asked to make a statement, but you probably won't. All that TS might do, would be to send the buggers a letter reminding them of the OFT Guidance Notes and suggesting that they might prefer to behave themselves lest the OFT gets on their case.

You won't have to take the buggers to court.

[KEV30]

Re: advice please on a loan that was taken 12 years ago

i know its been awhile since i commented but i would just like thank everyone that helped i haven't heard from the dept collectors since sending them letters. and we have claimed ppi bk and now reviewing this loan that got these dept collectors after us in the first place also we want compensating!! so great news!!! its amazing how they pick on the ones that are clueless this site is brilliant and helps people like me thank you