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Plumb1
sad I’m frustrated
Plumb1 January 03, 2012 09:12

Statute Barred !!

I had a loan over 8 years ago, the last contact i had with them was 2004. I started to recieve letters from Aktiv Capital 2006/7, I have ignored them constantlyand eventually they all but stopped. Then last year they have bombarded me with letters, past info to other parasites and even had a doorstep collector call in June 2011. I have not got into any conversation with any of them and not paid a penny since 2004. After the collector called I asked a debt advice company for help, I was told that this loan is in 'Probate' and they wrote to them and Everything went quiet again. Now Rossendales have got involved and because I would not open up a security check with them they are threatening further action.
Is this 'STATUTE BARRED' situation true ? I am unable to get in touch with my previous advisor
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  • Nazma Noor EMPLOYEE
    Nazma Noor (Official Rep) January 03, 2012 11:35
    Thanks for your question. From the information you have given, it sounds as though your debt may be “Statute Barred”, rather than “probate”. Statute Barred means that if your debt is 6 years old or more and you haven’t been chased for it or had any contact regarding it, then you may not have to pay for it.

    We would need further information from you in order to determine whether the debt is statue barred, for example if you’ve acknowledged the debt in any way, it won’t be. You must get specific advice before you do anything further – you can speak to one of our advisors in more detail about the matter on 0800 019 2095.

    For general information, here is some further detail on statute barred debts including a template letter you can send to creditors for any debt which you believe to be statute barred: Out of date debt

    As I’ve already mentioned, we do need further information in order to advise you and this answer is just a general one and you should not rely on it in any way.
    Comment
    good answer! good answer! (undo)
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