What Happens to a Debt Left Unpaid for Several Years? A debt that sits unpaid for a long stretch of time does not simply disappear, but it does become progressively harder to recover
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Understanding Statute Barred Debt in England and Wales A debt becomes statute barred in England and Wales when six years have passed since the last payment or written acknowledgement, under the Limitation Act 1980, and no court action has been taken
Genuinely didn't expect the process to move as quickly as it did once I actually referred the debt instead of continuing to chase it myself
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