I just tell them I've moved to australia to discourage them, it seems to work really well I want to settle any debts leaving a bad score on my file so i can get a mortgage and somewhere to live that isn't rented. If the big tesco debt cannot be settled full and final settlement at reduced rate then i will look at statute barred option which is why i was asking about how i follow this process without making the debt collectable for another 6 years. hope this explains the situation a little more

also could an approach of a friend offering to settle a debt in full on my behalf(as i am in Australia and never coming home) get around the issue of admitting the debt and starting the 6 years to statute barred...

multiple debts last communication was 2010 with all, all letters returned to sender since then hsbc overdraft 2k tesco loan 5k lloyds overdraft 200 How bad will not settling the overdrafts be to the credit file? The biggest one the tesco loan which i am in default on

Hi, I have done some research and have previously reclaimed charges and PPI i just wanted to confirm with others the process should follow. I wanted to avoid admitting tyne debt as 2 are just 12 months from being statute barred, so can i address letters "without predjudice"??? so as to not restart the period for the debts becoming statute barred? And any tips anyone may have for settling debts at a reduced rate. So my process i am think i should follow: 1 write to CRA(experian, equiFax) to find any company claiming debt 2 write to companies asking for true original of credit agreement 3 if provided Agreement, make offer of 10p per pound for Full and final settlement including marking debt as settled in full. 4 await letter confirming settlement 5 pay debts. I do worry about making these debts enforceable for the next 6 years by doing this so is there anything i can do to mitigate this risk? thank you in advance nak