im new to this site and not sure how it works,i had a barclaycard many years ago and took out ppi on it but failed to make updated payments due to unemployment.i then recieved a letter yesterday saying cabot have taken over the debt in 2005 but that was 8 years ago of no contact no payments.can any1 help me with where i stand.i was told after 6 years it was statured barred or something.i need help.alsothe credit card limit was 1000,now i owe 2300???