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Showing results for tags 'statued'.
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I noticed on my credit history a company called Arrow globals must have bought a statued bared debt from twelve years ago. Nothing had been paid for about ten years no acknowledgement at all etc etc. They are defaulting me on a monthly basis! I want to challenge this but am concerned about any acknowledgement etc and starting the clock again. As i understand it unless debt is acknowledged in writing or payment made i should be ok but will this lead to harassment for payment? If i send a statue barred notice this definitely wont be an acknowledgement will it? They are also using the day they bought the debt as date of default, about 8 years after the actual date How should I Best deal with this?
Lowell sent me a letter for a statue barred debt. i decided to call to inform them that i wont be paying anything because its statue barred. there helpful and experienced staff (well that's what it said on the letter) said you got a moral responsibility to manage and pay your debts. i told her since i have never bought or borrowed anything from Lowell they can get stuffed i told her that you took the chance buying a debt for pennies and hopefully try to fleece some hard working famlies and take food of the table to pay money so you can sit on your arse all day and pretend have a job. i asked then her who had morals she has cleared and closed the account
Hi ... looking for some help Statued Barred for unsecured debts happens 6 years (5 Years for Scotland) Can someone clarify ... is this from the date of Payment default or from the date of last correspondence. Example is I defaulted a few months ago (long story) but In the process of advising the credit card company of my new address in Oz. However they are not responding so Its taking some time. So would the clock start ticking from the default date of from the date of my last letter. Many Thanks Scot