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View Full Version : Can I be forced to pay an old credit debt in ontario


NICKY B1
Dec 31, 2009, 09:13 AM
I live in ottawa ontario. An old friend told me that a collection agencies called them about my where about concerning and old credit debt. Its over 12 years old. Can I be forced to pay off that debt of about 4500$ then.

ScottGem
Dec 31, 2009, 09:46 AM
A debt never expires. You are responsible for it until it gets paid. However, there are limits to what a creditor can do to enforce the debt. At 12 years old, there isn't much they can do but dun you.

DownUnder
Jan 1, 2010, 05:07 PM
Your responsbility to pay never goes
Away,but as noted above there is not much they can do but worry you to death with calls, letters etc