How to Get Help With Court Judgement Debt?

Court Judgement Debt can come from a county court Judgement (CCJ) or high court Judgement if someone takes court action against you (saying you owe them money) and you do not respond.

You must respond to the court claim by the date on the email or letter you receive.

If you get a Judgement , this means that the court has formally decided that you owe the money.

The Judgement will come in the post and will explain:

how much you owe
how to pay (in full or in instalments)
the deadline for paying
who to pay

Records of Judgements are kept for 6 years unless you pay the full amount within a month. This can make it hard to get credit.

How to Get Help With Court Judgement Debt?

Court Judgement debt can be extremely stressful, both financially and emotionally. Court Judgements are issued by the courts because of non-payment of bills.

They have the date on which they will become statute barred printed at the bottom of them.

If this date passes without paying off your Court Judgements you could receive a visit from a bailiff to enforce payment.

If there are several CCJs against you then they may still become statute barred individually even if one has already passed due to non-payment.

Court Judgement debts are sent out at the request of creditors, who are usually banks and other credit agencies which issue bills to customers.

Court Judgements can be paid off by paying a lump sum or by taking out an agreement to pay Court Judgements in installments over time.

The most popular way to clear Court Judgement debts is through Debt Management Plans (DMPs).

Debt Management Plans (DMPs) & Alternative Payment Arrangement (APA)

Debt Management Plans (DMPs) are an agreement between you and the Court Judgement creditor that specifies how much you will pay per month until all Court Judgments are cleared.

DMPs have no fees attached and your Court Judgement creditors cannot chase you for payment if they agree with your plan.

Once agreed upon, DMPs remain valid for two years. Once expired they can be renewed without cost for as long as the Court Judgements are still valid.

Court Judgement debt can be paid off over time using an Alternative Payment Arrangement (APA). This requires you to pay a lump sum early on in the agreement as well as smaller amounts each month for several months.

APAs make payments more manageable but will cost more in interest than Court Judgement DMPs.

So it is advisable to check all your options before agreeing on one Court Judgement or Court Judgements.

Interest Free Arrangement (IFA) & Monthly Payment Loan (MPL)

Court Judgement debt can be paid off over time using an Interest Free Arrangement (IFA). This requires you to make weekly payments until the Court Judgments are cleared.

It should also be noted that interest charges on Court Judgement debt continue while any bills remain unpaid – even after they become statute barred.

This means that the longer a Court Judgement debt remains unpaid, the more Court Judgement debt you will accrue.

Court Judgement debts can be paid off over time using an Monthly Payment Loan arrangement (MPL). This requires you to pay a lump sum early in order to set up the agreement and then smaller amounts each month for several months.

MPLs make payments more manageable but will cost more in interest than DMPs.

So it is advisable to check all your options before agreeing on one or paying any amount of money for a Court Judgement debt.

Court Judgement Debts are legally enforceable and can only be wiped off the books if you receive an official discharge from a Court.

Consumer Credit Act

If your agreement is covered by the Consumer Credit Act, your creditor must follow all 3 steps of the process before taking you to court for debt.

Your creditor must send you a:

default notice
letter of claim
claim pack

If your agreement isn’t covered by the Consumer Credit Act, your creditor might not send you a default notice.

They might send you a ‘final demand’ or another document instead. Check your credit agreement to find out what your creditor has to send you.

Your creditor still has to send you a letter of claim and a claim pack, even if your agreement isn’t covered by the Consumer Credit Act.

If you feel your creditor hasn’t acted properly, you might be able to challenge the claim against you.

We Can Help With the Following Types of Debt

Benefit Overpayments
HMRC Debt
Credit Card Debt
Council Tax Arrears
Loans & Overdrafts
Catalogue & Store Cards
Court Judgements
Rent, Gas & Electricity Arrears

Conclusion:

Designed for people struggling with their finances these solutions allow you to take back control. At Consumer Debt Help, our mission is to get you out of debt.

Visit our website at www.consumerdebthelp.info and complete our quick survey to see if we can help you become debt free. Stop struggling and take that step, you owe it to yourself!

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