question category: Debt Collectors

If i am paying back my debt on an arrangment why am i been threatened with court?
Submitted on: 12th Aug 2010 by Non-Member | Total Answers: 1

I am paying back a large debt at 50 per month i have defaulted once because my card details changed and i forgot to update them but i cleared those arrears.

Now i am getting letters demanding more money or court action.

Can they take me to court if i am paying it back.

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Re: If i am paying back my debt on an arrangment why am i ...

Creditors are entitled to pursue the debt through the courts once payments have been defaulted on. The likely court action will be for them to apply for a County Court Judgment (CCJ) which will either request full repayment immediately or will outline monthly installment amounts. You will be sent paperwork from the court before a CCJ is granted and will be able to specify the amount you can afford in monthly installments on the form prior to the CCJ being granted.

This question has been answered by Christians Against Poverty, a leading debt charity offering hope and a solution to anyone in debt.

Submitted on: 25th Aug 2010 by TA Member

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