Phew!! Panic Over!! HAPPY DANCE! No other phone calls, and today I got a letter advising me that a debt I am happily paying £5 a month to under an agreement has been assigned to this debt collector. So this must have been the reason for the phone call. (I know the bank was using the same collector - but not for the debt this thread is about - at the time I was having difficulties). Hopefully the next few months will pass peacefully and I will reach stature barred without any contact. Regards

I have an old business bank debt - just over £25k which due to circumstances I could not afford, and I ended up paying a £1 per month to a DCA for some months. Then they stopped dealing with it, and although I contacted the bank, I was never contacted again, until now, about 5 years 9 months later, when a new DCA has rung and wants me to call back and it can only be about this. I appreciate there is a moral and legal situation here. I owe money, but money was also added on with various insurances the bank made me take out, and charges. If I don't pay anything more in the next 3 months will it become statute barred? Or does the fact they have contacted me again start the clock? Not sure what to do. I would prefer to avoid court -(how quickly could they do that?) I'm not in a position to offer full and final settlement, but with the changes in pension pot rules in April next year, I might be able to offer 20% - 25% of the debt then by cashing in a pension pot. Thank you for any help on ways to proceed. This company does use doorstep agents.