Can a Lender Pursue You for 11 Years?
If a lender has six years to pursue a (non house purchase related) debt, does the six years start from the date of the last payment to the account..
Q.
If a lender has six years to pursue a (non house purchase related) debt, does the six years start from the date of the last payment to the account, the date of a default notice (a formal Notice of Default is listed on your credit record), or thedate of a CCJ ? Can a lender, say, issue a default notice 5 years after a loan and still pursue that debt for another 6 years (ie 11 in total) after that.
Case Study: Writing a Newsletter
