Hi,
I'm in am unusual position, I think.
Back in 2003 I had a cracking salary and mega limits on my credit cards (46k)
I was made redundant after I became mentally unwell and so went back to uni.
I *asked* the credit card companies to reduce my limits (not wanting to get rid of my cards altogether) but they refused. Point blank refused.
Later that year I became ill again and was diagnosed with bipolar.
I managed to spend £21,000 in 3 months, with very little to show for it (or take back!)
The banks refused to help.
I paid back just under 1/2.
I now have a limited income and only really my benefits to live on.
I stopped paying when CCCS went under.
I was given a CCJ in absentia. On one of the debts.
Another, who CCCS weren't actually paying off, are continually chasing me.
They seem to have now passed it on to Restons solicitors.
I know they *can* apply for a CCJ.
But if I don't contact them, will the debt be statute barred after 6 years, which is 6/2018.
What is the best thing to do?
I'm usually an upstanding citizen.
But - I can't afford to pay anything,
I didn't run up the debt other than as part of my illness, and the banks refused to lower my limits!
I think after 14 years I need a life I can live and keep well
- depression being a major problem.
I just live within my means.
I had paid a huge amount off all the debts, before I joined CCCS.
They've had their pound of flesh, so to speak.
Can I now hold on for the remaining 14 months for statute barring, given a solicitor is involved???
Or has anyone else any helpful advice?
I just long to be the responsible person I am without this cloud hanging over me.
Thanks.