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Hello, this is Jim and I am a dual-qualified lawyer (UK and Republic of Ireland) and happy to help you today.
Yes, if there are no payments made (not even a token payment) and no contact with the lender (i.e. the borrower does NOT email them, send them a letter or speak to them), during a period of 6 years - the debt is then time-barred under the Limitation Act 1980. It is vital that no payments and no contact is made to the lender during those 6 years - if it is then the time period starts to run again. If a debt is time-barred it then means the debt cannot be enforced through the courts (the lender cannot get a CCJ and they cannot use bailiffs, etc to enforce it).
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