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What else can I help you with?
Under UK law should you pay a debt that has been written off by a company?
If the debt has been written off, it no longer exists and therefore does not need to be paid.
Does your credit card debt fall off after 7 years automatically?
No. If you wish to redeem the debt you need either to go bankrupt (legally) or enter into an arrangement to pay off the debt. If you livew in the UK go and see the Citizens Advice Center to help you with this.
Did Britain pay US in World War 2?
The UK and the US came to an arrangement called the Lease/loan agreement, where by the US supplied materials for the war effort and the UK promised to pay after the war. The UK has only recently finished paying off the debt.
how to write off debt uk and how to contact?
If you are unable to pay your bills, you should notify your creditors and see if they will agree to forgive the amount. If you can't pay your bills because you don't have enough money or assets to sell, you can file for a Debt Relief Order or Bankruptcy Order.
What is debt market in Bangladesh?
the debt market is loads of money regarding 2000000 million and people in Bangladesh don't get the money off other people in the UK because their government take it off them so they cant pay the debt, live or drink and even become homeless on the dirty muddy streets of Bangladesh.
Does the us pay tax to the UK?
No. The US owes money to the UK, but it is part of its national debt, and not a 'tax', which the UK has no power to impose on the US.
When did Britain pay off WW1 debt?
Put simply, it hasn't. Loan repayments stopped in 1934 and have never restarted. The official government statement on this is "Neither the debt owed to the United States by the UK nor the larger debts owed by other countries to the UK have been serviced since 1934, nor have they been written off."
When is a debt written off in the UK?
In the UK, debt is written off when the financial burden is simply too much for the person or company. Debts are also forgiven when a person is seriously ill or has passed away.
What country was first to pay World War 2 debt to US?
UK and Finland.
How long before debt is cancelled in Louisiana?
7 years in the UK and you are no longer required to pay it
Does a daughter need to pay off a deceased mothers credit card debt?
It depends on the country you are in, but in the UK, the first claim on the estate is the revenue (ie tax), then debtors - which would include the credit card debt. That should be paid out of the estate of the deceased.
What are the CCJ loans in the UK?
CCJ loans in the UK are County Court Judgement loans. It is issued by a court when one fails to repay money they owe. One can get a loan to help pay off the CCJ but this can spiral into even more debt.
