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    kevan007's Avatar
    kevan007 Posts: 4, Reputation: 1
    New Member
    		  
    #1

    Nov 11, 2008, 01:31 PM
    Bad debt
    Hi my name is kevan live in uk have ten year old debt they are chasing me what should I do
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Nov 11, 2008, 01:33 PM

    Pay it
    kevan007's Avatar
    kevan007 Posts: 4, Reputation: 1
    New Member
    		  
    #3

    Nov 11, 2008, 01:42 PM
    Is there not laws about old debts
    slowandeasy's Avatar
    slowandeasy Posts: 353, Reputation: 14
    Full Member
    		  
    #4

    Nov 11, 2008, 01:45 PM

    Pay it or work out payment agreement I don't know about the laws in the UK
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #5

    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's Avatar
    kevan007 Posts: 4, Reputation: 1
    New Member
    		  
    #6

    Nov 11, 2008, 01:47 PM

    Is there laws about old debts
    kevan007's Avatar
    kevan007 Posts: 4, Reputation: 1
    New Member
    		  
    #7

    Nov 11, 2008, 01:48 PM
    OK thanks
    slowandeasy's Avatar
    slowandeasy Posts: 353, Reputation: 14
    Full Member
    		  
    #8

    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's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #9

    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's Avatar
    ngasnier Posts: 30, Reputation: 4
    Junior Member
    		  
    #10

    Nov 12, 2008, 04:29 PM

    Pay it
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