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Can a debt be written off?

Lucas Turner | 2023-06-09 03:00:39 | page views：1698
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Lucas Phillips

Works at the International Development Association, Lives in Washington, D.C., USA.
The law they are relying on here is the Limitations Act, which states that the debt can become statute barred after six years if you haven't paid any of the debt or admitted to it, and the person you owe money hasn't gone to court for a CCJ before six years elapses. However, the debt isn't written off.Feb 23, 2012
2023-06-16 03:00:39
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Daniel Clark

QuesHub.com delivers expert answers and knowledge to you.
The law they are relying on here is the Limitations Act, which states that the debt can become statute barred after six years if you haven't paid any of the debt or admitted to it, and the person you owe money hasn't gone to court for a CCJ before six years elapses. However, the debt isn't written off.Feb 23, 2012
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