Advice needed

[Yahama]

Good afternoon. I wonder if someone can advise . I have received a statement from debt collecting agency for a loan that I owe which I have not paid anything towards since 2015. The statement of the debt shows a number of unpaid direct debits dating to 2018. Is this an admission that I still owe the debt as I think the debt maybe statute barred. They are now looking to tale action via the courts

thankyou

[MIKE770]

wow!! have you acknowledged (Spoke to or contacted then since 2015)? when was the last payment date? you live in England/Wales or Scotland? as a yearly statement is not proof but requirement. towards Statute barred?

How long is statute barred?
Are debts really written off after six years? After six years have passed, your debt may be declared statute barred - this means that the debt still very much exists but a CCJ cannot be issued to retrieve the amount owed and the lender cannot go through the courts to chase you for the debt.


but you must give us information albeit type debt , taken out? last payment. have you acknowledged the debt in the last 6 years?????

Use if advised on here:- Statute Barred Letter


atticus

[Yahama]

Good afternoon Mike

thankyou for responding. It is an unsecured joint loan last payment was in 2015 I can't find the exact date at the moment. No admissions have been made concerning the debt.

regards

[MIKE770]

Good afternoon Mike

thankyou for responding. It is an unsecured joint loan last payment was in 2015 I can't find the exact date at the moment. No admissions have been made concerning the debt.

regards

Then statute barred it must be., await others to also advise to double check the situation but it would seem to be statute barred in 2021/22.

just to recap a joint loan (not mortgage)? you have not written or spoken to them or debt collections?

[MIKE770]

statute barred is the final fact, so no court can change that, (Probably they cannot afford Office Xmas party this year) or last and hope you are none the wiser? oopppssss Lol