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Old debt has to be paid
kasperbenjamin
Jul 8, 2008, 07:13 AM
Is it necessary to pay back the loan
Which is not paid for more then 7 years
Curlyben
Jul 8, 2008, 07:16 AM
Depends on whether you have acknowledged the debt in this time.
ScottGem
Jul 8, 2008, 07:42 AM
A debt NEVER expires. Your obligation to pay the debt never goes away unless discarged in a bankruptcy.