Hi,I have an ex MBNA debt of 20k that was sold to Cabot Asset Purchases.
The last payment made to MBNA was about 6 years ago,and the central credit register shows the debt to be in excess of 100 months in arrears.
This is my only debt and I'm currently otherwise debt free.
My problem is that I would like to maybe settle the debt for a smaller amount that I could get together,because this debt is re-reported every month to the CCR(in perpetuity?) and is preventing me moving on.
So...does...
Negotiating statute barred debt
The last payment made to MBNA was about 6 years ago,and the central credit register shows the debt to be in excess of 100 months in arrears.
This is my only debt and I'm currently otherwise debt free.
My problem is that I would like to maybe settle the debt for a smaller amount that I could get together,because this debt is re-reported every month to the CCR(in perpetuity?) and is preventing me moving on.
So...does...
Negotiating statute barred debt
