County Court Judgements, often referred to as CCJs, are judgements issued by the court when you are found to have failed to adhere to the terms of a credit agreement.
It is possible to receive a CCJ on any unsecured loan and it involves a creditor taking County Court action against you. - The Court will then decide whether you owe money or not and, if so, will determine a payment scheme for you to repay it. This decision is what is referred to when people speak of County Court Judgements.
The potential effects of a CCJ
While CCJs can work to your advantage, as the court determines a payment scheme that is fair, you must ensure that you keep up the payments they recommend.
If the court decides that you owe money and you fail to pay it, creditors can take further steps to recover their money - for example by using bailiffs to seize your possessions.
In addition, if it takes you more than one month to pay your County Court Judgements, your CCJ will remain on the Register of County Court Judgements for six years. Meaning the judgement can have an adverse effect on your credit rating during this time.
Ensure you have all the information you need about CCJs
Find out more about CCJ enforcements, bailiffs and CCJ complaints online from Legal Advice Helpline and ensure that you are in the best position to deal with any County Court Judgements that may be filed against you.