RECEIVED A CCJ? HERE’S WHAT YOU CAN DO.

If you have received a County Court Judgment or CCJ, it implies that you only have certain days to repay what you owe to a debt. If you’re unable to address the judgment in a timely manner, the court could dictate more enforcement claims upon you. The implications of a CCJ make it extremely important to recognize what could be done in a situation like this.

The first thing you can do is test the legitimacy of the claim form you have received. Sometimes, your creditors may forge documents to alarm you by making them look like they’ve been issued by the court. Ahead of a court-issued judgment, you will receive a default notice from the creditor declaring the amount to be paid and the payment deadline.

If you are acknowledging the claim, you must fill the Claim form (N1) and the Admission form (N9A), and return them within 16 days. If you’re uncertain of your financial conditions in the future, you can also alter the judgment by completing an Application for Suspension (N245) with more reasonable payment propositions. However, if you don’t admit the claim, you can return the Defense form (N9B) in order to dispute it.

A CCJ is something that you shouldn’t neglect. It could affect your credit rating, making it difficult for you to apply for credits or even get a stable employment. If you fail to pay your debt on time, the judgment creditor can take more stringent actions against you which may even result in your personal assets being seized.

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Created on Jan 8th 2018 03:47. Viewed 312 times.

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