Statute Barred Debt and Setting Off Rules

[freedom_28]

Does anyone happen to know if banks can still access current account funds to set off a statute barred debt? No contact for well over 6 years regarding repaying the debt (to be honest, mother in law would stand no chance of paying it off anyway on nothing more than basic state pension so it maybe was written off)?

 

No funds have ever been taken from her current account to offset so have the bank set a precedent by failing to take a single penny for over 6+ years? Or could they literally come back to her at any time and remove funds from her account?

 

Thank you.

[citizenB]

I will ask for you - it might be a good idea to close the account and set up a new one that has no connection to the statute barred debt !

[freedom_28]

Thank you; she's applied for 3 other bank accounts and each one has turned her down because of her credit history so she's stuck with the bank that she had her defaulted credit card with. Her credit file will clear up entirely early 2015.

[dx100uk]

go to the co-op

 

if she has money in a 'group' that owns an SB'd debt, then sadly they can still off set.

they rarely do, but it does happen

dx