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Mackenzie Hall and very old first direct credit card/ overdraft/loan default


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Many many years ago I defaulted on debt and entered in to an IVA for debts with numerous credit cards and my bank at the time I estimate ten years ago.

 

I paid the IVA for numerous years and made full and final payment offers to all my creditors all of which were accepted with the exception of my bank even though I offered them roughly 75%. I was rather peeved and I was moving did not pay anything in the end. The debt is not on my credit file but I have recently received a letter demanding payment.

 

Am I correct in assuming as the last payment on the IVA was made over five years that this debt is statute barred now?

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No written acknowledgement and last payment

ove 5 years then SB.

MH by a lot of lemons SB or nearly SB

Just tell them it is stat barred and no payment

or offer of payment will be made now or in the

future.

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