Do I just send the paragraph on Statue Barred Debt? Sorry if its simply but I am confused.
In principle, a debt cannot be enforced after 6 years from the date upon which it became due.
The 6 years runs from the 'Cause of Action' and the Terms and Conditions of the contract/agreement will have a bearing on this.
Once a debt has lapsed, it cannot be revived - even through a subsequent acknowledgement or payment.
The relevant law is contained within the Limitation Act 1980.
Are the legal rules the same for so called private debts (no paperwork) as they are for official documents debts?
Don't touch them owe me £500 since January 2019 make excuse after excuse. Seem they always have software problems sending money out. Keep saying they will call back or email nothing been chasing it now for 6 mths the phone staff always have the same banter we will chase it up and get back to you then nothing!