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| The independent answer to your debt problems | login join |
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Danny
| 12-06-2008 11:53 AM |
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Joined: 12 Jun 2008 Posts: 1 | Hello everybody, I left England several years ago after some very troubling times with a divorce. I 'left' some debts behind - 2 credit cards with a total of about 6000 pounds or more and an overdraft of about 1000. There could be other debts as well, I'm really not sure. Before leaving England I was unemployed and lived at several temporary addresses. My question is: How long will it be before I can no longer be pursued for my debts? (I am in no position whatsoever to make any payments - I live in a relatively poor country and earn about 60 pounds per week.) I read a post which says that unacknowledged debts cannot be pursued after 6 years, but I think that there must be clauses in credit card contracts which state that accounts stay open until paid. Is there any way to find out if court action has been taken against me in regards to debts? Is there a simple way to declare myself bankrupt, or any other solution to deal with things all in one go? How do I get a credit report about myself, when I don't have a UK address? What can happen if I try to contact the credit card companies directly? (I don't want to do this yet as I am not sure of what other debts I might have.) I know these are a lot of questions, but I really have no idea what I should do. Things would be easier if I lived in the UK, but I am not, and in my present situation it will not be possible for me to travel back to sort things out in person. Edited by DWG reason formatting |
| helpmenow | 12-06-2008 11:44 PM |
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Joined: 15 May 2007 Posts: 35 My Profile | Hi Danny I just noticed your post on the forum and thought I would just say hello. From my limited knowledge the six year rule does stand. As it is a legal matter I don't think the credit card companies can have terms in the contract which over-ride the courts. I also think that you have to be resident in England to declare yourself bankrupt. Read this on how to check your credit score Good luck with everything, I am sure some of the others will give you more accurate information than me. HMN Edited by DWG - reason format |
| paladin | 13-06-2008 11:56 AM |
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Joined: 06 Jun 2007 Posts: 77 My Profile | Welcome Danny In the post you refer to I said that the Limitation Act 1980 governs how long creditors can pursue you for debt. To be sure you have no outstanding judgements against you you'll need to check your credit reference files. If there haven't been any judgements made against you then you will probably be in the clear, after 6 years. I don't really see any advantage for you being secretive about contacting your creditors and asking if you have any outstanding debts. If the above is true then they cannot pursue you, through the courts, for any debts. Even if they did you would be made bankrupt so no joy for them anyway. Are you planning in coming back to the UK? Let me know if you need any more help. Paladin |
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Rocky
| 18-07-2008 07:33 PM |
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Joined: 18 Jul 2008 Posts: 1 | Hello: I read with interest that this person lives outside the United States. Can anyone tell me what the US laws are regarding this same topic? Thanks, |
| DW George | 21-07-2008 11:04 AM |
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Joined: 01 May 2007 Posts: 174 My Profile | Hey Rocky Here is the info you need regarding US law relating to old debts. George |
