View Full Version : Bad debt
kevan007
Nov 11, 2008, 01:31 PM
Hi my name is kevan live in uk have ten year old debt they are chasing me what should I do
ScottGem
Nov 11, 2008, 01:33 PM
Pay it
kevan007
Nov 11, 2008, 01:42 PM
Is there not laws about old debts
slowandeasy
Nov 11, 2008, 01:45 PM
Pay it or work out payment agreement I don't know about the laws in the UK
ScottGem
Nov 11, 2008, 01:47 PM
I'm not sure of the laws in the UK, but that doesn't matter. If it's a valid debt, then you pay it.
kevan007
Nov 11, 2008, 01:47 PM
Is there laws about old debts
kevan007
Nov 11, 2008, 01:48 PM
OK thanks
slowandeasy
Nov 11, 2008, 05:17 PM
Look its simple, Pay what you owe. Get a second job, cut back do what ever you can
Like I said I no nothing of the laws in the UK
But morally if you owe it you should work out some kind of payment plan
Fr_Chuck
Nov 11, 2008, 06:02 PM
Even with the laws it does not mean you don't owe the money, it just stops them from taking you to court to get the money, so they may chase you for that debt forever if they want.
So yes, either pay them or run faster so they con't catch you.
ngasnier
Nov 12, 2008, 04:29 PM
Pay it