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Response to CML Limitations on Initial Contact By Ins Co

from Florrie Miller (floday@btopenworld.com)
Hi Mark,

Yes they did!

I've since realised that the CML thing is to do with Lenders. However, I've got the idea from looking at other questions and answers that once it has passed to the Insurance Company and they pay out that it then becomes a simple debt and is subject to the 6 year rule.

Are you able to clarify if this is correct and if so does the 6 years start from the date of payout by the Ins Co or do they have six years from the day they ask you for it? i.e. after waiting the usual 3/4 years whilst you get back on your feet!

Hope this makes sense cos I'm not entirely sure it does to me.

By the way did you see my other posting on Important Info re Stat Demands. I would welcome your comments.

Florrie

(posted 7625 days ago)

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