Response to 12 Years Rule and arrears

Julie, the very last payment that was made on the account is an acknowledgement of the debt and is therefore the date when the clock starts ticking. If you then make subsequent payments or an acknowledgement in writing this would start the clock ticking afresh. So if the last payment was made on 10th September 1993 and you have not paid anything further or admitted the debt in writing you have until 9th September 2005 before the 12 year limitation will expire. If you admit liability today they will have a further 12 years to chase you from today.

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