Ccj

JemmaWay

I received a CCJ on my HSBC student account around 4 years ago, due to being a student and living away from home I ignored the repayments and it isnt until now that I finally paid it off.
I arranged to pay a settlement fee at the beginning of Jan and I have now received a letter from the debt company that this has been paid and settled. I now just wanted some advice on where to go next, do I need to contact the court regarding the CCJ? Can I do anything to remove it from my credit file, or ensure that is is now satisfactory?

My partner and I are looking at getting a mortatage towards the end of this year/beginning of next will this have a massive effect? and stop us from securing one?

Any advice would be great

thanks:j

fermi

You can't remove it from your file, but you can get it it marked as satisfied until it comes off naturally 6 years after the initial judgement date.

Talk to the court and they will tell you how to go about getting that done.

JemmaWay

Thanks for your reply.

Will this stand against me until it is cleared with regards to getting a mortatage etc?

I think it was issued in 2009 so only another 3 years to go!!

Many thanks:j

National_Debtline

Hello there,

You judgment is very likely to have a large impact on your ability to seek a mortgage - even if it is paid off. You may wish to seek a 'certificate of satisfaction' from the court as concrete proof that the debt is clear, you can then show it to any potential mortgage lender.

It could be worth obtaining a copy of your credit reference file to see how things are looking. There is a comprehensive fact sheet covering the topic on our website - and also lots of great information on this very one also!

National Debtline.