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Thread ID: 107595	2010-02-23 03:51:00	10 yr old debt-debt collectors-wat the?	cazzsa (15637)	PC World Chat

Post ID	Timestamp	Content	User
860852	2010-02-25 19:31:00	Prefect, The person who started this thread stated that he had no knowledge of the alleged debt. This is often the case and many mistaken debts are pursued by 3rd party collectors without any statuary court procedures taking place. There are also many cases of debt brought about by circumstances beyond the control of the person involved, one of which I have described. The laws of Statuary Limitation and Disbarred Debt were introduced for good reasons. For you to say that you disagree with these laws is arrogant and ill conceived and to describe all "debtors" as bad people is uneducated, stupid and inflexible. You also say "its a matter of Character" and go on to proudly describe your own "over the top" vindictive actions against another person. Some character display. An anagram of Prefect is Perfect - I don't think so.	blanco (11336)
860853	2010-02-25 19:48:00	Comparing poverty rock and NZ wont work. Since around 1850 we have been enacting our own laws. I always pay my bills on time if it came down to paying a bill and my family not eating the bill will still get paid. I like the usa where if you are delinquent in paying your bills you can be sent to jail. You are right I am uneducated just a peasant boy from Nelson. Whats over the top in collecting money due to me should I just write if off like thats ever going to happen even if the person dies I will chase the estate.	prefect (6291)
860854	2010-02-25 21:57:00	BAD debt? Define. By bad debt I mean debt that for whatever reason is not paid back at the agreed rate, by the agreed date.	Erayd (23)
860855	2010-02-25 21:59:00	" 10 yr old debt-debt collectors-wat the? " Is this the youth rates starting early?	R2x1 (4628)
860856	2010-02-25 22:03:00	You seem to miss the point of the thread , which was the time lapse without communication from the creditor before the debt was chased by the 3rd party. This is the very reason for Statute Disbarred Debt law which exists in most modern countries, INCLUDING all states of the USA. I would be very surprised if NZ has no such law. When I said you were uneducated, I was referring to matters of Law and Rights, nothing else. In your case described earlier you were of course right to pursue the person who owed you for the truck repair but but would have been wrong to do this 10 years later without chasing the debt in the interim period (especially in the method you employed). Anyhow, we look set to be in disagreement forever, so I will exit this thread unless you come back with something sensible and I'll wish Cazzsa good luck if he is genuine.	blanco (11336)
860857	2010-02-25 22:12:00	. . . so I will exit this thread . . . The leek has stopped?	R2x1 (4628)
860858	2010-02-25 22:14:00	Its a question of honour. He should ask for the invoice he knows if he has paid it or not. Selective memory loss and statute of limitations wont help the matter. If he says does not owe the money then in NZ the debt is called disputed and debt collectors wont go near it with a barge pole. But disputed money is easier to get these debtors are clever and dont dispute the debt because as soon as they do it can go to court. The lady who does my accounting and invoices encourages them to dispute the bill. I then sell her the debt and she goes to court and adds on the collection costs. We have never lost yet.	prefect (6291)
860859	2010-02-25 22:58:00	How many times can you miss the point ? Cazzsa's original post and all my posts have referred to new demands after 10 years without claim. You haven't failed to recover your payments you say but have you pursued a debt after 10 years ? R2X1: What are you going on about ? If you want to contribute, say something relevant or of substance.	blanco (11336)
860860	2010-02-26 02:12:00	In 1987 I ordered some Aus Cash and Travellers Cheques from The National Bank so as to take my family on holiday. There was ample money in my account to cover the request but they never actioned my request. When I got to the bank on Friday afternoon to pick my money up there wasn’t any :( and things turned nasty. After a heated exchange with the manager I demanded my account be closed and the balance given to me in cash. So off I went with full pockets to a crowd of money exchangers called Thomas Cook (what ever happened to them) and they supplied me with cash and Travellers cheques. Anyway, some time later I get a note from the bank saying there was money outstanding on my Credit Card. Tuff, was my response, you were given the chance to make full and final settlement when I closed my account.:( And then the fight started again. After a brief exchange of unplesantries the matter died what I thought was a natural death, but then in 2002 Baycorp came knocking. Baycorp had purchased hundreds of thousands of Bad Debt off the bank and were going to demonstrate how to collect it. 15 years later! :eek: Yes, all the standard threats, something I’ve never responded well to and she was on again. Now, I can’t give you a conclusion, because I don't know if there’s been one, but they never got a cent off me and in the meantime Baycorp found they weren’t better than anyone else at recovering debt and the thousands they paid for the bad debts was an awful investment. I believe they were saved from complete extinction by some merger arrangements with another company. My understanding is that there is a Statute of Limitation in NZ but interpretation of it can be tricky. I'll teach the sods for not having my money there on time. :D	B.M. (505)
860861	2010-02-26 05:44:00	How many times can you miss the point ? Cazzsa's original post and all my posts have referred to new demands after 10 years without claim. You haven't failed to recover your payments you say but have you pursued a debt after 10 years ? R2X1: What are you going on about ? If you want to contribute, say something relevant or of substance. Far be it from me to point out the obvious, and I appreciate you are trying to help the OP, but advice given from a person on the other side of the world with little or no knowledge of the law here is really not helpful at all. If owed the money, then no matter the amount of time that had passed I would pay up.	Sam I Am (1679)
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