Debt and the law
Stop Banks from taking your money
First Right of Appropriation
The law states that you have the right of appropriation where it come to your own money, which means you can make the decision of who your money is paid to even if you owe money to the bank that you have an account with.
Debt and the Limitation Act 1980
Debt and the Limitation Act 1980
If the creditor fails to maintain contact with the person who has the outstanding debt for a period of 6 years or more, you can claim that the outstanding debt is “Statute Barred” under the Limitations Act.
Dealing with debt collectors
It’s not uncommon for a debt collection company to frighten us into paying far more than we can afford, depending on our ignorance and the myths that circulate. How should you deal with them?
