Hi can anyone answer this question please?
I thought that a debt was statute barred after 6 years but Mortimer Clarke have taken me to court and sent a letter stating that:
The six year limitation period runs from the latest date on which:
1. A payment was made towards the debt or
2. The agreement was terminated or
3. You acknowledged the debt in writing
They are saying that POINT 2 applied and the agreement was terminated in November 2011.
I have not paid or acknowledged the debt from 2005 so I believe it is statute barred.
What are they talking about with point 2?
Thanks guys.
I thought that a debt was statute barred after 6 years but Mortimer Clarke have taken me to court and sent a letter stating that:
The six year limitation period runs from the latest date on which:
1. A payment was made towards the debt or
2. The agreement was terminated or
3. You acknowledged the debt in writing
They are saying that POINT 2 applied and the agreement was terminated in November 2011.
I have not paid or acknowledged the debt from 2005 so I believe it is statute barred.
What are they talking about with point 2?
Thanks guys.
Mortimer Clarke chasing an old debt HELP
