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Junior Member

11 Posts

Posted - 10 Nov 2015 :  05:41:19  Show Profile  Reply with Quote
hi everyone. I am in a DMP with payplan and the debts I have are over 10 years old. I have read various things on the web that if I debt is over 6 years old I cant be chased for it anymore. Is this true?


Phil Corfield
Debt Management Expert

897 Posts

Posted - 10 Nov 2015 :  11:34:18  Show Profile  Reply with Quote
Hi nickd

You're referring to a debt being statute barred which means a certain period of time has elapsed for the creditor to pursue you for repayment of the debt owed.

If you have been paying your debts then this won't apply to you.

I am a CertDR qualified Debt Advisor and a Director of Bright Oak.
To contact me about a debt management plan or general debt advice please here:
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