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[Haz40 WANTED $1,167 Outlaw]

lainey87 wrote:

And to make this as clear as possible. Stop messing around on a silly forum talking to gamblers about debt.. 99.% of them are in debt because of the same problem as you.. go to citizens advice and sort it out.  They will tell you what I have just wrote.. ignore.. if you don’t go you will only get worse.. you can’t win this money back. It’s gone.. long gone.. get off this forum and on Monday go to citizens advice for help with debt.. once you get someone professional explaining this to you then you will understand more clearly and no longer have suicidal thoughts.. debt is only money. It goes away after so many years.. things do get much much better.

He can’t do that. His family and friends took the loans out in their names for him.

[lainey87 WANTED $5 Blocked]

Haz40 wrote:

lainey87 wrote:

Sal139 wrote:

To the ‘I’m not paying my debts and they will go after 6 years’ group (I’ll come up with something more catchy.)

Source for the info below is from step change:

Mortgage shortfalls have a longer limitation period of twelve years for the money you borrowed (the ‘capital’), while the interest charged on this has a limitation period of six years

If the creditor has already obtained a court judgment or order before the limitation period passed the debt can never become statute-barred

Another option is don’t contact the creditor and hope that the limitation period ends before they start court action. We don’t recommend you take this approach. If a creditor hasn’t had any contact or payment from you for a long time they may start court action just before the limitation period ends. Ignoring a debt greatly increases the chances you’ll end up with a CCJ, decree or money judgment, which you may have been able to avoid by getting in touch with the creditor sooner.

 

No the debt stays with you for life. But the ccj doesn’t. So after the 6 years the ccj is gone. So you no longer pay the ccj. If the company wishes to they can take you to court again after the 6 years to obtain another ccj. But on credit cards loans ect this is very unlikely this will happen.. of they haven’t managed to obtain all the cash in 6 years I can’t see them doing it all over again. Citizens advice will tell you exactly the same.

So the debt stays with you for life. So what myself and sal139 are saying is not incorrect.

Yes it stays for life. But they won’t chase you after the ccj. Never read a story or heard Anyone who has had a ccj twice. Debt free in my opinion. My credit credit is back to normal, with £900 credit available on card and 5 ccjs waiting to drop off..

[lainey87 WANTED $5 Blocked]

[lainey87 WANTED $5 Blocked]

[Haz40 WANTED $1,167 Outlaw]

So what should he do lainey87 ?The loans aren’t in his name. I think he should sell his house. My mate did it after been massively in debt and behind on mortgage payments. He had literally 10% equity but says it’s the best thing he ever did even now just working part time.

[lainey87 WANTED $5 Blocked]

Haz40 wrote:

So what should he do lainey87 ?The loans aren’t in his name. I think he should sell his house. My mate did it after been massively in debt and behind on mortgage payments. He had literally 10% equity but says it’s the best thing he ever did even now just working part time.

Same thing as if the loans were in his name.. nobody pays. Set a savings pot up and if someone does come for the money decide if you want to pay them out the savings pot.. it’s much easier than you think.. I was in a right mess. I nearly killed myself.. 6 years on I’m pretty much debt free

[lainey87 WANTED $5 Blocked]

The gambling issue for me has never gone anyway. I won 7k before all this debt. And that’s what started it for me. The huge win.. I even won 2.7k a few weeks back and reversed the withdraw. But one thing I’m not is I’m not in debt anymore.. it’s dumb to mess around with credit like that. I have learned that lesson. Just can’t shake the gambling issue. Been lurking on here for ages like most people. But anyway it’s just my advice. And my advice is he goes to citizens advice and gets real advice. Not a forum

[Rb Rbreen91 WANTED $493 Outlaw]

lainey87 wrote:

Haz40 wrote:

So what should he do lainey87 ?The loans aren’t in his name. I think he should sell his house. My mate did it after been massively in debt and behind on mortgage payments. He had literally 10% equity but says it’s the best thing he ever did even now just working part time.

Same thing as if the loans were in his name.. nobody pays. Set a savings pot up and if someone does come for the money decide if you want to pay them out the savings pot.. it’s much easier than you think.. I was in a right mess. I nearly killed myself.. 6 years on I’m pretty much debt free

You’re a stupid cunt. An astoundingly stupid fucking Cunt.

[lainey87 WANTED $5 Blocked]

Rbreen91 wrote:

lainey87 wrote:

Haz40 wrote:

So what should he do lainey87 ?The loans aren’t in his name. I think he should sell his house. My mate did it after been massively in debt and behind on mortgage payments. He had literally 10% equity but says it’s the best thing he ever did even now just working part time.

Same thing as if the loans were in his name.. nobody pays. Set a savings pot up and if someone does come for the money decide if you want to pay them out the savings pot.. it’s much easier than you think.. I was in a right mess. I nearly killed myself.. 6 years on I’m pretty much debt free

You’re a stupid cunt. An astoundingly stupid fucking Cunt.

That’s why your in debt and I’m not ?

[Biohazard WANTED $675 Outlaw]

@lainey87 I don’t think you realise just how bad the advice is that you’re giving.

Like, astonishingly awful.

[lainey87 WANTED $5 Blocked]

Biohazard wrote:

@lainey87 I don’t think you realise just how bad the advice is that you’re giving.

Like, astonishingly awful.

Same advice citizens advice would give you. None priority debts come last…

[Rb Rbreen91 WANTED $493 Outlaw]

lainey87 wrote:

Rbreen91 wrote:

lainey87 wrote:

Haz40 wrote:

So what should he do lainey87 ?The loans aren’t in his name. I think he should sell his house. My mate did it after been massively in debt and behind on mortgage payments. He had literally 10% equity but says it’s the best thing he ever did even now just working part time.

Same thing as if the loans were in his name.. nobody pays. Set a savings pot up and if someone does come for the money decide if you want to pay them out the savings pot.. it’s much easier than you think.. I was in a right mess. I nearly killed myself.. 6 years on I’m pretty much debt free

You’re a stupid cunt. An astoundingly stupid fucking Cunt.

That’s why your in debt and I’m not

I don’t have a single penny of debt you fucking clown, I actually pay what I owe.

[lainey87 WANTED $5 Blocked]

Rbreen91 wrote:

lainey87 wrote:

Rbreen91 wrote:

lainey87 wrote:

Haz40 wrote:

So what should he do lainey87 ?The loans aren’t in his name. I think he should sell his house. My mate did it after been massively in debt and behind on mortgage payments. He had literally 10% equity but says it’s the best thing he ever did even now just working part time.

Same thing as if the loans were in his name.. nobody pays. Set a savings pot up and if someone does come for the money decide if you want to pay them out the savings pot.. it’s much easier than you think.. I was in a right mess. I nearly killed myself.. 6 years on I’m pretty much debt free

You’re a stupid cunt. An astoundingly stupid fucking Cunt.

That’s why your in debt and I’m not

I don’t have a single penny of debt you fucking clown, I actually pay what I owe.

Wow your angry today? Maybe u need to lay off gambling for a while or release some tension with your wife ?

[Rb Rbreen91 WANTED $493 Outlaw]

There are a few morons kicking about on this forum, but you win the prize.

[Xbobmad WANTED $734 Outlaw]

Rbreen91 wrote:

you win the prize

For today ?

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