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Agency purchased old debt

Asked Aug 26, 2006, 08:22 AM — 1 Answer
I have received a letter today from a company stating that they have bought a debt from a leading high street bank. The debt is approximately 7yrs old, I have had no correspondence in this time regarding this debt, the company are stating that the outstanding balance is

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CaptainForest Posts: 3,684, Reputation: 2085
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#2

Aug 26, 2006, 12:37 PM
The Statue of Limitations might have expired.

You need to look into the SOL in the area that you live.
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