The 'six year rule' is a voluntary agreement and so the banks make it mean what they want it to mean. Basically, the six years starts when they flog your property off, and as long as they send out a letter to any old address within 6 years they think that they've got the right to hound you for at least another 6 years. It's a load of old cobblers, basically (in my humble opinion).(posted 8304 days ago)I do wonder, however, whether the money paid out on the MIG and which is now being demanded from you (I presume) isn't in fact a simple debt? What legal advice have you taken?
An interested journalist could be Tony Levene: tony.levene@guardian.co.uk