No CCA, do defaults drop of account and does debt become statute barred after 6 yrs?

[tracy1975]

I have been on a DMP since June 2004 and have recently cca'd my creditors, most of which have been unable to provide a copy of the credit agreement and I have susequetly stopped paying them.

 

From what I understand, not being able to provide a copy of the credit agreement means that a creditor is unble enforce the debt, it does not mean that the debt not exist. Therefore, the lack of agreement can not be used to get any defaults relating to the debt removed. However, as any defaults relating to my accounts would have, presumably, been issued in 2004, this being the time i got in to difficulty, will they subsequently be removed from my file 6 years from the date of issue (2010), or will the defaults stay on my file indefinatly as a result of not being paid due to the lack of agreement?

 

I also understand that if the creditors are in the future able to provide me with a copy of the agreement then they are able to enforce the debt. Am I right in thinking that they will not be able to do this after 6 years, as the debt becomes statute barred?

 

Thanks,

Tracy.

[huggys boss]

subscribing. The answers you get will answer a few of my questions too.