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Creditor name and address: Account/Agreement No: Your name and address: Date: Dear Sirs Statute barred debt I don't admit liability for this debt. The last payment to this debt was made over 6 years
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Statute barred letter is a written correspondence sent to debtors informing them that a debt is no longer legally enforceable due to the statute of limitations.
Creditors or debt collection agencies are required to file statute barred letters when a debt becomes statute barred.
Statute barred letters should include details about the debt, account information, dates of last payment, and a clear statement that the debt is statute barred.
The purpose of statute barred letter is to inform debtors that they are no longer legally obligated to repay the debt due to the statute of limitations.
Statute barred letter should include details about the debt, account information, dates of last payment, and a clear statement that the debt is statute barred.
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