Hi All, I posted on here many months ago about an old debt which has been sitting in my credit file. Now, although I do not want to be one of those people who 'runs away' from debt, as I was in the final year of the default I took the decision not to acknowledge the debt and wait for it to 'fall off' my credit report. below are the details of the debt: HSBC £5,500 Started: 31/08/2000 Default Date: 12/12/2007 I have not contacted or acknowledged the debt since the default date. As such, I have a few questions, which I am sure have been covered on other posts, but I just wanted to be sure. Today is 12/12/2013, does that mean that this should now drop off my credit report? In your experience how long after the 6 years does it take to drop off the report? Does this have an immediate 'positive' reaction on my credit file or will it still be referenced by creditors? If so how long? I have read about the statue barred side of things. Does this mean if I have a call / letter / visit from a collection agency that I just mention that the debt is now over 6 years old and they are not able to chase any longer? Apologies for many questions, but I am really hoping that after today I can start moving on with repairing my credit report. Also in that area, if there is any advice from experience that may be useful in this situation that would be superb. Many thanks

thats brilliant thankyou, i do hope the fact i called them will not change any dates etc, im sure they will try to harrass me as much as possible over the next 12 months .you did mention 2-3 months for SB - however it would be due on the 12/12/2013, im guessing it wont be sorted any earlier?

thats great thank you, can you please let me know what SB means? (i am new to all of this) in theory i should just sit tight, and hope that nothing comes of this? ignore the letters and calls etc? and then wait until it is cleared from my report on the 12/12/2013? Many thanks for all your help Richard

Howdy,before the new default date of 12/12/2007, i have never paid anything since then.....

Hi,i have never paid anything on this account since i was with HSBC....

Hi All,T his is my first time posting, a friend uses the site regularly. Checking my Experian report today i have a defaulted balance on an account of £6,866 This is from an old HSBC account i used to have, and i have never cleared this off. The owner of the debt is MKDP LLP. Started: 31/08/2000 Default date: 12/12/2007 Im sure you will all whince at this, but i stupidly made a call to MKDP LLP today saying that i cleared this years ago and have no idea why this is still on my record. I did confirm my current address which they already had. (sorry) I am now into the last 11 months of the debt before this is cleared, the questions i need answering are below: Am i best to sit tight and wait for their court order before moving forward again? What can the debtor do now that i have made contact? If i were to make them an offer on the debt how much should i offer? If i do agree a lesser fee with them will this satisfy the debt on my report so i can start to build my credit back up or will i still need to cover the difference? I am absolutely kicking myself for calling them, im not sure why i did it, But if anyone else has had similar experiences it would be great to know what options (if any) i have.Cheers