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Recovery of old debt.

  • 16-11-2012 7:35pm
    #1
    Registered Users, Registered Users 2 Posts: 2,708 ✭✭✭


    Completely hypothetical case!
    If a debt is allowed to drag on outside the normal six year limit due to false promises by the debtor and naivity and "softness" [for want of a better word] by the creditor, is being able to prove that you did attempt to collect the money on several occasions any grounds for extending the 6 year rule?
    If not., does the small claims court have any more lenient rules?


Comments

  • Closed Accounts Posts: 6,224 ✭✭✭Procrastastudy


    Completely hypothetical case!
    If a debt is allowed to drag on outside the normal six year limit due to false promises by the debtor and naivity and "softness" [for want of a better word] by the creditor, is being able to prove that you did attempt to collect the money on several occasions any grounds for extending the 6 year rule?
    If not., does the small claims court have any more lenient rules?

    SmCC cant be used for debt recovery. There are rules about admission of debt and the time starting again but I've no real clue what they are. Use the search luke...


  • Banned (with Prison Access) Posts: 1,950 ✭✭✭Milk & Honey


    Completely hypothetical case!
    If a debt is allowed to drag on outside the normal six year limit due to false promises by the debtor and naivity and "softness" [for want of a better word] by the creditor, is being able to prove that you did attempt to collect the money on several occasions any grounds for extending the 6 year rule?
    If not., does the small claims court have any more lenient rules?

    The six year limit on a debt runs from the last acknowledgement of the debt. It doesn't matter when the debt originally arose. Proof of attempt to collect does not matter unless it led to an acknowledgement by the debtor that the debt was in fact due and owing.


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