fatbrit

So do I.

But it's also only a few hundred bucks to file suit, so a rabid collector may well try.

Here's one from a useful link someone gave earlier. Seemed to die quite quickly. http://www.consumeractiongroup.co.uk...se-dismissed**

Heading_Baltimore

CCJ highly unlikely to be pursued on someone living abroad as the amount is minimal relative to the cost they will incur in pursuing such debts. If we are talking about going after planes or so, then yes.

They will bail the banks, don't worry!

tonrob

Interesting point. I studied banking law (albeit about 15 years ago) and the bit I recall regarding the statute of limitations on a debt was that the debtor must not acknowledge the debt for 6 years for the liability to expire. This would then mean that things would rest on the interpretation of the word acknowledge - although the act of petitioning to have a CCJ relating to that debt removed would seem to fit the bill. I have no practical experience of the application of this so take what I have typed in this context.

tonrob

So the OP shouldn't worry as their debt will be covered in part by taxpayer funds and in part by the charges, fees and interest of other bank customers?

Maybe I misunderstood the point you were trying to make so feel free to clarify.

paulpur

interesting point indeed, but then would the acknowledgement of the fact that there has been a CCJ raised against someone and the pursuit of getting it removed actually acknowledge the debt, or just the CCJ raised....ive no idea of the answer myself but it is quite an intruiging conundrum hehe