2006-11-09 03:29:18 · 3 answers · asked by rizlajeffd 1 in Business & Finance ➔ Credit
It's only 3 years if there has been no cantact between the two parties. After 3 years its then written off. If there is less than 3 years between communication then i'm afraid you have to pay.
2006-11-09 05:04:27 · answer #1 · answered by madmoo0 4 · 0⤊ 0⤋
there are certainly a statute of limitations on various types of debt for a normal writ in the county court it is 3 years. It is long time since I did that bit of law and I am not near my law books at the moment bout I do remember there are different periods for different types of claim
2006-11-09 03:35:48 · answer #2 · answered by Maid Angela 7 · 0⤊ 0⤋
its seven years for student loans and three years for other - if you go to a trustee in bankruptcy they will have it discharged completely within a year
2006-11-09 04:24:00 · answer #3 · answered by Anonymous · 0⤊ 0⤋