IF you look at the law you will see that there is no way that it can be a rolling period. If all that needs to be done is a letter written, or as the lenders seem to say, procedures commenced, then all they would hav etc do is open the file to look at it every 12 years.(posted 8227 days ago)This type of exercise would then be okay for all other cases brought in this country and therefore the legal system would be in a right old mess as no case could ever be closed.
If this is how the law works then those who created it are certainly not from Vulcan!!
I understand that if you admit liability then a new period MAY begin from that date. Therefore, always add to all letters theat you dispute their claim. Therefore there is no acceptance, the clock is running and sooner or later they have no choice but to go away for good.