question category: CCJ

What is a CCJ?
Submitted on: 28th Oct 2008 by Non-Member | Total Answers: 1

Letters chasing payment mention CCJ's. What are they?

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Re: A CCJ is...

CCJ stands for County Court Judgement. A CCJ is a judgement issued to you by the court informing you that you have failed to make repayments to your creditors. A payment schedule will then created based on your income and expenditure. Repayments are set at a level that you can realistically afford.

A CCJ will appear on your credit file for 6 years and will affect your ability to get loans, credit cards and other forms of finance. If you have no way of avoiding a CCJ get debt advice from a good debt help company or charity as soon as possible. The good selection of best ones are here on this website.

Submitted on: 29th Oct 2008 by TA Member

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