Bailiffs

[sazzle27]

Hello

My DPs brother has told me tonight he has had a letter from the bailiffs and has asked if he can sign his property/belongings over to me, with a receipt, for £1..

Presumably so they're not counted as his and cannot be taken.

I feel uneasy doing this, and it seems grey to me as although I am technically not family as I am not married to DP.. also seems far too easy and convenient to be able to just sign property over to someone for a nominal amount (£1) and for that to be the end of it all...

Very minimal conversation about it all tonight as kids are around so I don't have much more info than what I've posted on this post

1 I wouldn't get involved

2 what about the company he owes money too? How is he expecting to pay them, or does he just not care he owes people money?

They will only take his property if he is unwilling to come to an arrangement to pay. How about discussing with him how much he owes and how he is planning to pay? May be more sensible of him if he had no money to find someone who could lend him it....

So this particular one is 1k..
He doesnt want to start it up as he thinks it is out of the 6 year period for getting it back..
And he is worried about starting a chain reaction of paying debts..

I'm not exceptionally up on his history, financial or otherwise, but i am trying to fish for more info

Has the creditor been in any contact with him in the last 6 years?

It is only statute barred if it is an unsecured debt, the creditor has not obtained a CCJ against him within the 6 years, neither he nor anyone else owing the money (if it is a joint debt) has made any payments in the last 6 years and he hasn't written to the creditor admitting the amount he owes within the last 6 years. The fact bailiffs are involved means they have obtained a CCJ (assuming they are bailiffs and not debt collectors). Provided they got the CCJ within the 6 years they can take as long as they want over enforcement. However, if the 6 years were up he should apply to get the judgement set aside.

If he signs everything over to you the debtor can have him declared bankrupt. If that happened the transaction would be overturned. So don't get involved in this attempted dodge. It won't work.

DO NOT DO THIS. This is a massive mistake. Do not be foolish enough to be coerced into getting involved with someone else's debt.

It is only statute barred if it is an unsecured debt

Sorry - poor wording. I should have said, "Assuming it is an unsecured debt, it is only statute barred if..." Some other forms of debt can also be statute barred.

"so this particular one is 1k"
he is worried about starting a chain reaction of paying debts
Well this speaks volumes! He clearly loves buying things/getting fines that he has no intention of paying for. How many unpaid debts does he actually have? And no i would not be getting invovled, he deserves anything thats coming his way from bayliffs.

Thanks for confirming my guy instinct to steer clear!

It is to do with ccj and bailiffs rather than debt collectors..

You'll all be glad to hear I did not agree to it, although i didnt say no i was deliberately non committal with my answer as I eneded to do research and ask the wisdom of MNetters!

I'm sure it wont be the last ive heard from him aboutnit so i will give a solid and resounding "no" when he does ask again!

Thank you all 👍🏻