County Court Judgment

A County Count Judgment is a resolution made by the court regarding arrears that is owed.  It is due to non payment by the debt holder, as per the credit agreement, the lender will take the borrower to court in order to get his funds. It is usually last method used by a lender to retrieve money owed to creditor. If one ignore phone calls or letters or cancel direct bills this looks to the lender that the borrower is making no attempt to pay back what he owe. In UK, County Court Judgment is a common problem faced by the people due to non payments. Keeping in mind this problem, we at ‘debt management info’ are providing information on ‘County Court Judgment’ and how people can save them from it.

  • The lender will apply to the court for the claim form in which he fills up all the details of the debt. The court must then stamp the form and sent it to the borrower. 
  • You must never ignore court paperwork, or you could find yourself in even more trouble.  If you agree that you owe the money, you'll need to fill in the relevant forms and send them back to the court.
  • The lender will advise you how to make your payments, and who you need to pay. You might pay a solicitor, a debt collection agency, or the lender itself.
  • If you can't pay the County Court Judgement, there is a form available from the court which you can fill in and have the judgement set aside.  Your finances will need to be re-evaluated, and you will receive a hearing date, so you'll need to go to court to discuss your situation.
  • Failing to continue to pay the CCJ can lead to bailiffs being instructed to seize your property, or the money being taken directly from your wages.
  • All of your unsecured debts, ranging from credit cards and store cards to vehicle finance and consolidation loans could lead to you getting a CCJ if you don't keep making the agreed payments. 
  • Having a County Court Judgement will mean that your access to credit, such as loans, credit cards and mortgages will be very restricted.  You will also be paying a much higher rate of interest as lenders will see you as a bigger risk.
  • No matter how bad your financial situation is, there is help available, and you can always speak to your creditors to see if you can sort out an amended payment scheme.  If you have received a court letter, then it is imperative that you deal with it straight away.  Act immediately and getting a County Court Judgment will be one thing to worry about.

If you need more information and advice related to County Court Judgment, apply today. You can approach us at Debt Management Info. Considering your application, our experts will contact you without any further delay.