We were in business and 9 years ago we liquidated the Company due to very difficult trading conditions. We had an outstanding loan with National Irish Bank for 65000 Euro, which was sold to Pepper. We have been getting letters with an amount plus interest from them over the last few years, we tried to come to an arrangement with Pepper when we were trading but Pepper would not entertain any of our offers. We received a letter from a debt collection agency today looking for us to contact them. We were wondering under the statute of limitations legally what can they do to us? We dont have the means to pay this loan back and are very worried.
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