debt in uk
Oct 30th 2006, 9:10 pm
#196
BE Forum Addict
Joined: May 2005
Location: Mornington
Posts: 1,650
Re: debt in uk
Originally Posted by rugbymatt
It was another member and i have a strict rule of kiss and no tell!
Oct 30th 2006, 9:13 pm
#197
Straw Man.
Joined: Aug 2006
Location: That, there, that's not my post count... nothing to see here, move along.
Posts: 46,302
Re: debt in uk
Originally Posted by jond
Boring, I thought it was MI5 or something interesting
It was interesting!
Oct 30th 2006, 9:14 pm
#198
A rather curious boy
Joined: Aug 2006
Location: Melbourne
Posts: 5,917
Re: debt in uk
Originally Posted by jond
Boring, I thought it was MI5 or something interesting
He's leading you on pretend you are not interested...
Oct 30th 2006, 9:23 pm
#199
Straw Man.
Joined: Aug 2006
Location: That, there, that's not my post count... nothing to see here, move along.
Posts: 46,302
Re: debt in uk
Originally Posted by busterboy
He's leading you on pretend you are not interested...
How about if im not interested?
Oct 30th 2006, 9:25 pm
#200
A rather curious boy
Joined: Aug 2006
Location: Melbourne
Posts: 5,917
Re: debt in uk
Originally Posted by rugbymatt
How about if im not interested?
Oct 30th 2006, 9:27 pm
#201
Straw Man.
Joined: Aug 2006
Location: That, there, that's not my post count... nothing to see here, move along.
Posts: 46,302
Re: debt in uk
Originally Posted by busterboy
What with your curious mind...as if?
Its always been my greatest fault!
Oct 30th 2006, 9:30 pm
#202
BE Forum Addict
Joined: May 2005
Location: Mornington
Posts: 1,650
Re: debt in uk
I am not interested.
Go on, pleeeease tell me
Go on, pleeeease tell me
Oct 30th 2006, 9:44 pm
#203
Timelord
Joined: May 2006
Location: Lost in space...
Posts: 2,834
Re: debt in uk
Originally Posted by busterboy
Not really. Par for the course. Though we did get a sactimonious post telling us not to be so sactimonious - which was interesting.
Just a little irritated with the judgemental stuff and the misinformation. Usually stay well away from this sort of thread, but sometimes...
Dec 5th 2006, 1:14 pm
#204
Just Joined
Joined: Nov 2006
Posts: 20
Re: debt in uk
Originally Posted by Mallory
If your parents own a house in the UK, and you are listed as one of the heirs, your creditors will be standing in line when you get ready to sell it. Your siblings won't be able to sell it either, with liens on it. It will be held in limbo until you can pay the debt off.
Creditors have 6 years from the date you last awknowledged the debt (i.e. the last payment you made) to find you. Otherwise it is written off.
Dec 5th 2006, 2:07 pm
#205
Lost in BE Cyberspace
Joined: Nov 2003
Location: Scotland
Posts: 7,949
Re: debt in uk
Originally Posted by rugbymatt
My god! Thats got to be the first time someone on BE has agreed with me!
2500 posts and i finally get a agreement!
2500 posts and i finally get a agreement!
OzTennis
Dec 5th 2006, 2:27 pm
#206
Straw Man.
Joined: Aug 2006
Location: That, there, that's not my post count... nothing to see here, move along.
Posts: 46,302
Re: debt in uk
Originally Posted by OzTennis
No you don't, it says 3,354 posts!
OzTennis
OzTennis
It does now, it didnt when i made the statement!
But thanks for not agreeing with me.
Dec 5th 2006, 2:28 pm
#207
Straw Man.
Joined: Aug 2006
Location: That, there, that's not my post count... nothing to see here, move along.
Posts: 46,302
Re: debt in uk
Originally Posted by ALISON
That's wrong, I'm afraid.
Creditors have 6 years from the date you last awknowledged the debt (i.e. the last payment you made) to find you. Otherwise it is written off.
Creditors have 6 years from the date you last awknowledged the debt (i.e. the last payment you made) to find you. Otherwise it is written off.
Thats probably what the CAB or such like institutions may tell you but if they think they can recover at any stage they will!
Dec 5th 2006, 6:38 pm
#208
Joined: Jan 2005
Location: Asia Pacific
Posts: 4,922
Re: debt in uk
Originally Posted by rugbymatt
Thats probably what the CAB or such like institutions may tell you but if they think they can recover at any stage they will!
If no legal action has been taken it is indeed unenforceable, however if a CCJ or High Court Judgement has been issued it can be enforced after 6 years but only if the Judgement Claimant makes application to the Court for this to happen.
Of course this is largely for simple information purposes only as the chances are the matter will have been written off some years before and buried along with the millions of bad debt.
Dec 5th 2006, 6:44 pm
#209
Straw Man.
Joined: Aug 2006
Location: That, there, that's not my post count... nothing to see here, move along.
Posts: 46,302
Re: debt in uk
Originally Posted by Centurion
Actually 6 years refers to the information being held against you and it must be expunged as a default from credit files etc. Thats 6 years from the late you last made a payment or communicated with the creditor, not actually took out the credit.
If no legal action has been taken it is indeed unenforceable, however if a CCJ or High Court Judgement has been issued it can be enforced after 6 years but only if the Judgement Claimant makes application to the Court for this to happen.
Of course this is largely for simple information purposes only as the chances are the matter will have been written off some years before and buried along with the millions of bad debt.
If no legal action has been taken it is indeed unenforceable, however if a CCJ or High Court Judgement has been issued it can be enforced after 6 years but only if the Judgement Claimant makes application to the Court for this to happen.
Of course this is largely for simple information purposes only as the chances are the matter will have been written off some years before and buried along with the millions of bad debt.
And if you read back some way thats exactly what i said.
Dec 5th 2006, 6:46 pm
#210
Just Joined
Joined: Nov 2006
Posts: 20
Re: debt in uk
Originally Posted by Centurion
Actually 6 years refers to the information being held against you and it must be expunged as a default from credit files etc. Thats 6 years from the late you last made a payment or communicated with the creditor, not actually took out the credit.
If no legal action has been taken it is indeed unenforceable, however if a CCJ or High Court Judgement has been issued it can be enforced after 6 years but only if the Judgement Claimant makes application to the Court for this to happen.
Of course this is largely for simple information purposes only as the chances are the matter will have been written off some years before and buried along with the millions of bad debt.
If no legal action has been taken it is indeed unenforceable, however if a CCJ or High Court Judgement has been issued it can be enforced after 6 years but only if the Judgement Claimant makes application to the Court for this to happen.
Of course this is largely for simple information purposes only as the chances are the matter will have been written off some years before and buried along with the millions of bad debt.
Just out of curiosity, does that mean that, for example, if someone had bad debt and a terrible credit rating and they moved out of the UK for 6+ years, then if they came back they would have no problem getting credit??
xxx
