debt

[tracytracy20]

hi
i have had a debt since 2000 its with the credit card people and when i moved i never told them .. i was to scared to talk to them as they never listened and i begged them to stop interest but they never did so i move home and have kept moving ever since .. can they still chase me for the debt and if they sold debts on to collecting agencys can they chase me for the money.. would be grateful for the anzwer also i was told if i did not tell them i was moving that they could chase me forever untill i paid is that true

[Doc.Spock.1]

Why not be honest and pay what you owe you cheap chiseller.

[tracytracy20]

coz the debt was my husbands but he took the money from my accounts and left .. he cleaned me out and then done a runner... i would love to pay it but its more then 90 thousand pounds so what would u do mr spock

[Eve]

Is it just the one credit card and whose name was it in?

If someone owed you �90k, would you let it go?

Do you have any idea how much is actually now owed on it bearing in mind penalty charges and interest?

Do you know where your ex is and whether he has any assets such as owning property?

[tracytracy20]

hi

my ex as far as i know went back to his country and it from a few cards... but cards were in my names he was second card holder as my spouse

[Ethel]

The law states that if you have not been in communication with the creditor for six years or more then court action cannot be taken against you - this is the Statute of Limitations.

This doesn't mean you no longer owe the money, it will still show on your credit history and you can still be asked to pay it.

However, this only applies if you have kept to the terms and conditions of the contract and kept the creditors informed of your new address whenever you move.

As you have failed to do so this debt can still be pursued in the courts and the Limitations Act does not apply.

[tracytracy20]

thank u ethel... take care....

[themas]

Whoever owns the debt can chase for the money, so if it has been sold the new owner can do so.

With this amount of debt have you considered making yourself bankrupt? That would dispose of the debts, but would have downside - particularly if you own a home. You can go to the Insolvency Service website and download booklets to give you some info. about it. If you need further advice about it go to your local CAB or phone CCCS or National Debtline. Do not go to any fee charging money advice/management outfits.

The law is different in Scotland - I'm assuming you are in England or Wales.

[dollydoo]

go to www.consumeractiongroup.co.uk they can help with advice and its free.