31/10/2026
In everyday language, a prescription is something you get from a doctor. In law, it can mean something quite different.
Legal prescription refers to the effect of time on certain rights and claims. In the case of debts, a claim may become unenforceable after the applicable prescription period has run, depending on the circumstances.
But don't assume that an old debt has automatically disappeared. The type of debt, the relevant time period and events such as an acknowledgement of liability or legal proceedings can affect the position.
The lesson? Don't ignore a debt just because it's old — and don't assume you can never challenge one just because someone says you owe it.
If you're unsure about a claim or an unpaid account, get advice before deciding what to do.
For more information about our legal policies, please visit our website or download and complete our application form:
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